An impairment loss is reported on the income statement as a/an

A) continuing operations item.
B) extraordinary item.
C) discontinued operations item.
D) accounting change.

Impairment loss is a part of the continuing operations item on the income statement, as it reflects the ongoing business activities and operations of the company. Extraordinary items are rare and infrequent events that are material in nature, while discontinued operations refer to the disposal of a significant component of a company's operations. Accounting change refers to the adoption of a new principle or method of accounting, which is also not applicable in this case.