A material item which is unusual in nature or infrequent in occurrence, but not both should be shown in the income statement $\begin{array}{cc}
&\text { Net of Tax } & \text { Disclosed Separately } \
\hline
\end{array}$

A) No $~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~$ No
B) Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ Yes
C) No$~~~~~~~~$ $~~~~~ ~~~~~~~~~~~~~~~~~~$ Yes
D) Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ No

Question

A material item which is unusual in nature or infrequent in occurrence, but not both should be shown in the income statement $\begin{array}{cc}
&\text { Net of Tax } & \text {  Disclosed Separately } \
\hline 
\end{array}$

A) No $~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~$  No
B) Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ Yes
C) No$~~~~~~~~$ $~~~~~ ~~~~~~~~~~~~~~~~~~$   Yes
D) Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ No

Quizplus · Accepted Answer

The Answer of A material item which is unusual in nature or infrequent in occurrence, but not both should be shown in the income statement $\begin{array}{cc}
&\text { Net of Tax } & \text {  Disclosed Separately } \
\hline 
\end{array}$

A) No $~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~$  No
B) Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ Yes
C) No$~~~~~~~~$ $~~~~~ ~~~~~~~~~~~~~~~~~~$   Yes
D) Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ No

A Material Item Which Is Unusual in Nature or Infrequent Net of Tax Disclosed Separately \begin{array}{cc}&\text { Net of Tax } & \text { Disclosed Separately } \\\hline \end{array}​ Net of Tax ​ Disclosed Separately ​​

A Material Item Which Is Unusual in Nature or Infrequent $\begin{array}{cc}&\text { Net of Tax } & \text { Disclosed Separately } \\\hline \end{array}$