Answer: A. Nonrecurring fees
Explanation:
Nonrecurring fees are known to be fees that occur from events which are not included in the day today running activities of business or company. Furthermore, these fees are not likely to be paid again because they might not occur in future. Examples of nonrecurring fees include: title, points, processing fees, litigation fees, repair cost and so on. Thus, it is recorded in a company’s financial income statement.
