The policies and procedures described herein are in general terms to allow reasonable flexibility and do not cover every possible situation. Items of an unusual nature should be explained on the ...

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Reporting unusual or infrequent items provides clarity to investors and analysts that these income and expenses are not part of the core operations and therefore not likely to occur again.

You need to know your annual income if you apply for a loan or credit card. Knowing your annual income can help you budget for short- and long-term expenses ... required to report that income.