Which of the Following Is the Key Performance Measure Reported

question 59

Multiple Choice

Which of the following is the key performance measure reported on the income statement that is typically presented first in sequence?

• A) sales revenue
• B) income from continuing operations
• C) gross profit
• D) operating income

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Definitions:

Agenda

A list or plan of items to be discussed or acted upon during a meeting.

Costs

are the expenses or resources required for the production of goods or the execution of services, often considered in decision-making and planning.

Plan

is a detailed proposal for doing or achieving something, often involving the steps or actions needed to accomplish a goal.

Criteria

Standards or benchmarks that are used to evaluate or make judgments about different options or outcomes.