Nonrecurring Charge

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Nonrecurring Charge
Nonrecurring Charge Extraordinary Charge Financial Statement One-Time Expense Write Off Accounting Procedures Business Costs
A nonrecurring charge is a one-time expense or write-off that appears in a company's financial statement. It is also called an extraordinary charge. This term includes unexpected events such as natural disasters, strategic business decisions like closing a division, or changes in accounting procedures.
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