Under U.S. GAAP, a transaction that is unusual in nature and infrequent in occurrence should be reported separately as a component of income:
a. After cumulative effect of accounting changes and before discontinued operations of a segment
of a business.
b. After cumulative effect of accounting changes and after discontinued operations of a segment of a business.
c. Before cumulative effect of accounting changes and before discontinued operations of a segment of a business.
d. After discontinued operations of a segment of a business.
Answer: D