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Statement of Income

A financial statement (forming part of a set of financial statements prepared and maintained by an entity) that displays an...

Income Statement

A financial statement (forming part of a set of financial statements prepared and maintained by an entity) that displays an...

Non-Operating Revenue

A form of an entity's income/ revenue that corresponds to all gains or losses from non-operational sources- i.e., not related...

Non-Operating Income

A form of an entity's income that corresponds to all gains or losses from non-operational sources- i.e., not related to...

Non-Recurring Items

In accounting, a non-recurring item is an infrequent or abnormal gain or loss/ charge that is reported on an entity's...

One-Time Charges

A category of charges/ expenses that do not directly relate to core operations/ activities. These charges arise from non-recurring events...

Stair-Step Costs

A category of cots/ expenses (operating expenses/ OpEx) that do not proportionally change in a direct manner to changing levels...

Non-Operating Expenses

A category of costs/ expenses that do not directly relate to core operations/ activities. These costs do not qualify as...

Stepped Cost

A category of cots/ expenses (operating expenses/ OpEx) that do not proportionally change in a direct manner to changing levels...

Step Costs

A category of cots/ expenses (operating expenses/ OpEx) that do not proportionally change in a direct manner to changing levels...