Which of the Following Is Not a Subtotal on the Multi-Step

question 122

Multiple Choice

Which of the following is not a subtotal on the multi-step income statement?

• A) interest expense
• B) gross profit
• C) operating income
• D) income from continuing operations before tax

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Definitions:

Negative Feedback

A regulatory mechanism in which a stimulus causes an opposite output in order to maintain an ideal level of whatever is being regulated.

Effector

A muscle, gland, or organ that responds to a stimulus from the nervous system by producing a specific effect or action.

Receptor

Structural protein or glycoprotein molecule on the cell surface or within the cytoplasm that binds to a specific factor (chemical signal).

Midline

An imaginary line that divides the body into equal left and right halves.