In What Order Do the Following Items Appear in a Company's

question 32

Multiple Choice

In what order do the following items appear in a company's statement of financial performance? 1. $\quad$ Tax expense
2. $\quad$ Revenue
3. $\quad$ Gross profit
4. $\quad$ Operating profit
5. $\quad$ Cost of sales

• A)1, 2, 3, 5 & 4
• B)2, 3, 5, 1 & 4
• C)2, 5, 3, 1, & 4
• D)2, 5, 3, 4 & 1

---

Definitions:

Fake News

False information presented as news to mislead or influence public opinion or agenda.

Ad Revenue

Money earned from advertising, typically generated through placements of ads in media such as TV, radio, online platforms, and print publications.

Political Candidate

An individual who seeks to be elected to a public office by running in an electoral campaign and garnering votes from the electorate.

Digital Citizens

Individuals who effectively use technology to engage with society, politics, and government.