The Single-Step Income Statement Emphasizes

question 70

Multiple Choice

The single-step income statement emphasizes

• A)the gross profit figure.
• B)total revenues and total expenses.
• C)extraordinary items and accounting changes more than these are emphasized in the multiple-step income statement.
• D)the various components of income from continuing operations.

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Definitions:

Protected Access

A type of visibility in object-oriented programming that allows access to members from within the same class, its subclasses, and the same package.

UML Class Diagram

A type of static structure diagram in the Unified Modeling Language (UML) that describes the structure of a system by showing the system's classes, their attributes, and the relationships between the classes.

Class Name

The identifier given to a class definition in Java or other object-oriented programming languages.

Class Diagrams

Visual representations of the structure of a program showing classes, their attributes, methods, and the relationships among classes.