ACC 400 week 3 DQ 2 - 92585

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DQ2 What are examples of irregular items? How does a change in accounting principles affect the financial statements? Who in the organization is responsible for the application of a change in an accounting principle? Why? What are examples of irregular items? Discontinued operations: “….refers to the disposal of a significant component of a business” (Kimmel, Weygandt, & Kieso, 2007, p. 647). Reporting discontinued operations separately from income from continuing operations reflects the separate effects of continuing operations and discontinued operations on net income...
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DQ2

 

 

 

What are examples of irregular

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