The Order of Presentation of Items That May Appear on the Income

question 269

Multiple Choice

The order of presentation of items that may appear on the income statement is

• A) Extraordinary items, Discontinued operations, Income before income taxes.
• B) Discontinued operations, Extraordinary items, Income before income taxes.
• C) Income before income taxes, Discontinued operations, Extraordinary items.
• D) Income before income taxes, Extraordinary items, Discontinued operations.