Exceptional Items 2026

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Broadly, an item in the profit and loss account (or income statement), derived from within the ordinary activities of the company, which is not expected to occur regularly. Examples may include profits or losses recorded by selling businesses, or charges incurred in closing activities down.
: better than average : superior. exceptional skill. 3. : deviating from the norm: such as.
Learn about our Financial Review Board. Definition. An exception item is a banking term that refers to a check or payment that cannot be processed due to issues such as insufficient funds, a stop payment order, or incomplete information.
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