The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

EXCEPTIONAL ITEM Definition & Legal Meaning

Definition & Citations:

An accounting entry that is contrary to what is normal or expected, and may need some attention or rectification. An example is an unusually large cost or an unusually large revenue. The issue is that reoccurrence can disrupt planning. This can be due to something unexpected in plant modernization or an order unusually large. Refer to extraordinary item.


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