Which of the Following Is True

question 60

Multiple Choice

Which of the following is true?

• A)Income from operations would increase other income.
• B)Income before income taxes would be shown as a component of operating income on the income statement.
• C)Gains and losses on the sales of investments are included in nonoperating income (loss).
• D)Income tax expense is shown as part of operating expenses.

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Definitions:

Fracturing

The breaking or splitting of rocks due to physical forces, without the material undergoing a significant change in chemical composition or texture.

Shearing

The process of stress on rock or soil that causes layers or parts to slide past each other in opposite directions.

Confining Pressure

Describes the pressure imposed on a layer of soil or rock by the weight of the material above it.

Tension

A force that stretches something by pulling on it, often applied to materials in physics to describe stretching that leads to elongation.