For a Merchandiser,how Is Interest Revenue Classified on the Income

question 88

Multiple Choice

For a merchandiser,how is Interest Revenue classified on the income statement?

• A)Income from Discontinued Operations
• B)Extraordinary item
• C)Other Revenues and Gains
• D)Operating Expenses

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Definitions:

Verbalizing Implied

Expressing in words what is suggested or hinted at rather than directly stated.

Decreased Heart Rate

Refers to a slower than normal heart rate, often considered low if under 60 beats per minute for adults.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, a critical vital sign indicating the health of the cardiovascular system.

GHB

Gamma Hydroxybutyrate, a central nervous system depressant often associated with recreational drug use and as a treatment for narcolepsy.