[vodrldnr]

a transaction that is unusual in nature and infrequent in occurucne should be reported separately as component of income

a. after cumulative effect of accounting change and before discontinuing operation

b. after cumulative effect of accounting change and after discontinuing operation

c. before cumulative effect of accounting change and before discontinuing operation.

d. before cumulative effect of accounting change and after discontinuing operation

answer : d

From what I know cumulative effect of accounting change is presented on A.L as of beginning of the first period presented with offsetting adj of retained earning as beginning balance of that period.

and unusual or influent item is present as part of income from continuing operation after normal and recurring revenue and expense.

cumulative effect of accounting change is not even presented on income statement. it only affect asset, liability and retained earring which is Balance sheet account.

why answer is still d???

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