All of the Following Are Reported on the Income Statement

question 166

Multiple Choice

All of the following are reported on the income statement net of tax except

• A)loss on operations from a discontinued division.
• B)other comprehensive income items.
• C)income from operations.
• D)loss on disposal of a division.

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Definitions:

Row

A horizontal series of cells in a table or a spreadsheet.

Column

A vertical arrangement of data in a table or spreadsheet, typically containing all information pertinent to a single field within the database or sheet.

Cell

The basic storage unit in a spreadsheet or table, typically defined by the intersection of a row and column.

Snap Feature

A functionality in software that automatically aligns objects or text to a grid or guide to ensure precise positioning.