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s attempt took 15 minutes 0 1 pts ncorrect Question 1 Accounting errors or irregularities can occur for which reasons? simple oversight misapplication of GAAP management exploitation of the flexibility in GAAP all of these answer choices are correct
Incorrect Question 6 0/1 pts Which of the following is not considered an unusual or infrequently occurring item on an income statement? Corporate restructuring charges. Gains and losses from sales of investments. Operating income or loss from discontinued operations Foreign currency transaction gains and losses.
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Answer #1

Answer:

Question 1:

Option(A). Simple oversight. is correct.

Question 6:

Option(A). Corporate restructuring charges.

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