Which of the Following Income Statement Items Is Considered to Be

question 87

Multiple Choice

Which of the following income statement items is considered to be transitory?

• A) promotional costs for a new product
• B) sales revenue from the general public
• C) interest expense on short-term loans
• D) income from discontinued operations

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Definitions:

Variety Of Foods

The inclusion of diverse food items in a diet to ensure a wide range of nutrients are consumed.

Display Rules

Culturally specific norms that dictate how emotions should be expressed and when and where their expression is appropriate.

Social Conventions

Agreed-upon norms and rules that govern behaviors within a society or group, facilitating orderly and predictable interactions.

Show Our Emotions

The act of expressing one’s internal emotional states to others through facial expressions, gestures, and speech.