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Basic Question 12 of 13

True or False? If the gain from an unusual item of $30,000 has occurred, it should be reported net of taxes at more than $30,000.

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe the financial reporting treatment and analysis of non-recurring items (including discontinued operations, unusual or infrequent items) and changes in accounting policies

CFA® 2024 Level I Curriculum, Volume 2, Module 2.