Which of the following items on the income statement is not disclosed net of tax?
a. Unusual or infrequent item disclosed separately
b. Discontinued operations
c. Extraordinary loss
d. Cumulative effect of change in accounting principle
e. Unusual or infrequent item disclosed separately and discontinued operations are both not disclosed net of tax
A
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What is the most accurate way to evaluate a training program?
A. check trainees' performance, knowledge, and attitudes only after they have completed the training program B. use only a posttest C. conduct pretests and posttests on all untrained employees D. use only a pretest E. conduct pretests, train only part of the employees, then compare the trained employees to the untrained
Is it possible to estimate the gains from trade?
What will be an ideal response?
Cash received from the sale of a plant asset
a. Balance Sheet—Property, Plant, and Equipment b. Balance Sheet—Intangible Assets c. Balance Sheet—Current Assets d. Balance Sheet—Other Assets e. Income Statement—Operating Section f. Income Statement—Other Revenue and Expense Section g. Statement of Cash Flows
Correctly designed modules possess two attributes. Name and explain each