Which Item Would Be Listed First on an Income Statement

question 106

Multiple Choice

Which item would be listed first on an income statement?

• A) revenue
• B) cost of goods sold
• C) net operating income
• D) retained earnings

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Definitions:

Anterograde Amnesia

The inability to form new memories following a traumatic event, though memory for events before the event is usually intact.

Retrograde Amnesia

A loss of memory-access to events that occurred, or information that was learned, before an incident that caused the amnesia.

Global Amnesia

A rare condition involving a sudden and severe loss of memory, usually temporary, affecting the ability to recall recent and remote events.

Anterograde Amnesia

A loss of the ability to create new memories after the event that caused the amnesia, leading to a partial or complete inability to recall the recent past, while long-term memories from before the event remain intact.