All of the Following Components Are Shown in the Income

question 1

Multiple Choice

All of the following components are shown in the income statement net of applicable income taxes EXCEPT

• A) discontinued operations.
• B) cumulative effect of a change in accounting principle.
• C) gain or loss on sale of plant assets.
• D) extraordinary gain or loss.

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Definitions:

Sending

The act of transmitting information, messages, or goods from one place or person to another.

Proxemics

Involves the use of space as people interact.

Semantic Barriers

Obstacles to communication that occur when the sender and receiver have different interpretations of the meanings of words or phrases used.

Selective Listening

When individuals block out information or only hear things that match preconceived notions.