Which of the Following Statements Is Correct

question 27

Multiple Choice

Which of the following statements is correct?

• A)Dividend income is a component of operating income.
• B)Operating income is decreased by the loss from the sale of plant assets.
• C)A gain on the sale of a stock investment doesn't increase operating income.
• D)Income before taxes doesn't change when a gain results from the sale of plant assets.

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Definitions:

Laterally Located

Positioned on the side or sides of a body or structure.

Medially Located

Situated or positioned in the middle towards the midline of a body or structure.

Lateral Corticospinal Tract

A major pathway in the central nervous system involved in the control of voluntary motor movements, particularly those involving the limbs.

Anterior Corticospinal Tract

A descending spinal tract that originates in the cerebral cortex and carries motor signals to the spinal cord, involved in the direct control of movements especially of the limbs.