Which Section of the Income Statement Is NOT Reported Net

question 104

Multiple Choice

Which section of the Income Statement is NOT reported net of income taxes or net of income tax savings?

• A)All sections are reported net of taxes.
• B)Discontinued operations section
• C)Continuing operations section
• D)Extraordinary items section

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Definitions:

Retrieval Cue

A stimulus for remembering.

Elaborative Rehearsal Cue

A memory technique involving the linking of new information to existing knowledge through the creation of meaningful associations.

Structural Cue

Visual or auditory information that helps to understand the organization or structure of an environment or object.

Declarative Memories

Memories that are retrievable through conscious effort, involving facts and episodes.