Nonrecurring Items Such as a Loss from Discontinued Operations Is

question 90

Multiple Choice

Nonrecurring items such as a loss from discontinued operations is reported on the income statement:

• A)net of income tax.
• B)before income tax expense.
• C)below the net income line.
• D)Nonrecurring items are not subject to income taxes;therefore,they are not reported on the income statement.

---

Definitions:

Collaborative Document

A document that is created, edited, and improved by multiple individuals working together, often facilitated by digital collaboration tools.

Revising

The process of reviewing and modifying a document or work to improve its content, clarity, and overall quality.

Task Goals

Specific objectives or outcomes that an individual or group aims to achieve in completing a task.

Positive Roles

Constructive roles played by individuals in a group that contribute to the overall effectiveness and success of the group.