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What is considered as an extraordinary loss from the following?

1 -  expiry goods still found  at  company inventory

2-  write-off receivable du to customer bankrupt

3- charged expense to government due to labor problems

4-  hurricanes and tornadoes 

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Question added by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia
Date Posted: 2015/05/05
Mirza Gul Rehman Baig
by Mirza Gul Rehman Baig , Accountant , Fazal Cloth Mills Limited.

4-  hurricanes and tornadoes 

is considered as an extraordinary loss

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

Examples of items that could be classified as extraordinary are the destruction of facilities by an

 

earthquake, or the destruction of a vineyard by a hailstorm in a region where hailstorm damage is rare. Conversely, an example of an item that does not qualify as extraordinary is weather-related crop damage in a region where such crop damage is relatively frequent

.4-  hurricanes and tornadoes

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

good answers

 

thanks

 

Saidul Alam
by Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

Answer4-  hurricanes and tornadoes . Other option are also not ordinary but these  are controllable by company but   hurricanes and tornadoes is impossible to control.

Salah Othman Yousef Alshambaati
by Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

{{{{{{{{{  4-  hurricanes and tornadoes  }}}}}}}}}

حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

 answer no.4 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Ahmed Husseini CMA
by Ahmed Husseini CMA , Finance Manager , Al Jabr Holding

Answer No4

  hurricanes and tornadoes

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

correct  answer  (4) .......................

Hanan Al Kendi
by Hanan Al Kendi , Administrative Assistants , Emirates National School

hurricanes and tornadoes, everything is approachable, unless you loss everything. 

Mohamed Ramadan
by Mohamed Ramadan , chief financial officer , harrowandcompany

4-  hurricanes and tornadoes 

عبدالحميد عفلي
by عبدالحميد عفلي , متصرّف مسؤول المحاسبة العامة والنزاعات الجبائية , الشركة الجهوية للنقل بالقيروان

hurricanes and tornadoes ...............

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