Which of the following is often reported as an extraordinary item?
a. Amortization expense.
b. Impairment losses for intangible assets.
c. Research and development costs.
d. None of the above.
Answer: d. None of the above.
Business
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Industry convergence occurs when two distinct industries evolve toward a(n) ________
A) split that forms four industries B) exclusive business relationship with each other C) single point where old industry boundaries no longer exist D) competitive position where each benefits from the existence of the other
Business
A debenture is a debt security with a general claim against the company's total assets, rather than against a particular asset
Indicate whether the statement is true or false
Business