The order in which non-recurring items appear on an income statement is:

A. Unusual or infrequent items, accounting changes, discontinued operations.
B. accounting changes, discontinued operations, unusual or infrequent items.
C. discontinued operations, unusual or infrequent items, accounting changes.

Correct Answer: C

Non-recurring items should appear on the income statement in the following order: unusual or infrequent items, discontinued operations, accounting changes.