If a Company Sold a Capital Asset in the Normal

question 10

Multiple Choice

If a company sold a capital asset in the normal course of its operations, where would the gain be reported on a multi-step income statement?

• A)In income from operations
• B)In income from non-operating sources
• C)In Income from discontinued operations
• D)In income from asset dispositions

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Definitions:

Direct Observation Technique

A method of data collection where behaviors or events are recorded by an observer as they happen, without reliance on subject self-reports.

Vertical Axis

In graphing, the y-axis, which is typically used to represent the range of values of the variable being measured.

Horizontal Axis

In graphing, the horizontal line along which the values of one variable are plotted, often representing the independent variable or time.

Multiply Controlled Behaviors

A term used to describe a behavior serving different purposes for a student (e.g., making animal noises to escape a boring task and to get attention from peers).