Which of the following items is typically not included as a separate item after normal revenues and expenses?
A) Expropriation of property by a foreign government.
B) Loss of use of property due to a new and unexpected environmental regulation.
C) Write down of inventories.
D) Condemnation of property by the city government.
E) Loss due to an unusual and infrequent calamity.

Question

Quizplus · Accepted Answer

Write down of inventories is typically included in the normal operating expenses and not as a separate item after normal revenues and expenses.

Which of the Following Items Is Typically Not Included as a Separate