On the Income Statement, the Results of Discontinued Operations Are

question 95

Multiple Choice

On the Income Statement, the results of discontinued operations are reported:

• A)as part of other income (expense).
• B)as part of operating income.
• C)net of income tax or net of income tax savings.
• D)before the operating income section.

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Definitions:

Substance Use

The consumption of drugs, alcohol, or other chemicals, potentially leading to dependency or addiction.

Control Center

In physiology, a system or region that receives information and regulates vital body functions or responses, such as the brain's role in regulating temperature.

Human Body

The physical structure of a person, including the bones, flesh, and organs.

Brain

The central organ of the nervous system in humans and other vertebrates, responsible for coordinating mind and body activities.