Unusual And Infrequent Gains And Losses

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Unusual And Infrequent Gains And Losses

quent gains and losses a. include restructuring charges. b. include restructuring charges and are reported net of tax. c. are reported net of tax. d. include the elimination of a component of the business.
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a. include restructuring charges. ***Unusual and infrequent gains and losses include restructuring charges, and other gains and losses that are only incidentally related to the ordinary activities of the company and are not expected to recur in the foreseeable future. They are not reported net of tax and they do not include the elimination of a component of the business which is reported as a discontinued operation.
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