Adjusting for non-recurring items is essential when analyzing a company because I. It is a requirement under SEC regulations II. It provides an indicative view of a company's performance III. Failure to do so may lead to the calculation of misleading ratios and multiples IV. It is a primary means to detect accounting fraud

Adjusting for non-recurring items is essential when analyzing a company because I. It is a requirement under SEC regulations II. It provides an indicative view of a company's performance III. Failure to do so may lead to the calculation of misleading ratios and multiples IV. It is a primary means to detect accounting fraud

Adjusting for non-recurring items is essential when analyzing a company because
I. It is a requirement under SEC regulations
II. It provides an indicative view of a company's performance
III. Failure to do so may lead to the calculation of misleading ratios and multiples
IV. It is a primary means to detect accounting fraud 




A) I and III
B) I and IV
C) II and III
D) II and IV







Answer: C