Which of the Following Would Not Be Reflected in the Income

question 47

Multiple Choice

Which of the following would not be reflected in the income statement?

• A) An extraordinary item
• B) Cumulative effect of a change in depreciation methods
• C) Loss on disposal of a segment of a business
• D) Correction of an error in previously issued financial statements

---

Definitions:

Parkinson's Disease

A degenerative disorder of the central nervous system that affects movement, often including tremors and stiffness.

Schizophrenia

A serious mental disorder characterized by abnormal social behavior, difficulty distinguishing between reality and imagination, and impaired emotional expression.

Sleep

A natural, restorative state in which the body and mind enter a reduced or suspended level of sensory and motor activity.

Acetylcholine

A neurotransmitter in the body responsible for muscle activation and plays a role in mood, memory, and learning.