The FASB noted in SFAC No.5 that the all-inclusive income statement is intended to avoid discretionary omissions from the income statement, even though “inclusion of unusual or non-recurring gains or losses might reduce the usefulness of an income statement for one year for predictive purposes.” The FASB has also stated that because the effects of an entity’s activities vary in terms of stability, risks, and predictability, there is a need for information about the various components of income statement, introduce the accounting principles currently being used in measuring these elements, and discuss how they are disclosed on the income statements of The Hershey Company and Tootsie Roll Industries