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Which of the following is not a typical adjustment made to the income statement for projection purposes?

a) Adjusting revenues to only include organic revenue growth

b) Separating operating and non-operating items

c) Removing transitory items such as restructuring charges

d) Adjusting net income for perceived under- or over-accruals

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M940903

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