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Tags
#cfa-level-1 #financial-reporting-and-analysis #non-recurring-non-operating-items #understanding-income-statement
Question
There are [...] types of non-recurring items in an income statement.
Answer
four

Tags
#cfa-level-1 #financial-reporting-and-analysis #non-recurring-non-operating-items #understanding-income-statement
Question
There are [...] types of non-recurring items in an income statement.
Answer
?

Tags
#cfa-level-1 #financial-reporting-and-analysis #non-recurring-non-operating-items #understanding-income-statement
Question
There are [...] types of non-recurring items in an income statement.
Answer
four
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There are four types of non-recurring items in an income statement.

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Subject 6. Non-Recurring Items and Non-Operating Items
-recurring," especially those that reduce reported income. For the purpose of analysis, an important issue is to assess whether non-recurring items are really "non-recurring," regardless of their accounting labels. <span>There are four types of non-recurring items in an income statement. 1. Discontinued operations Discontinued operations are not a component of persistent or recurring net income from continuing operations. To qualify, the assets

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