The Following List Contains Several Items That Appear on an Income

question 191

Multiple Choice

The following list contains several items that appear on an income statement. $\begin{array} { l l l l } \hline \text { 1. } & \text { Other revenue and expenses } & 5 . & \text { Net income } \\\text { 2. } & \text { Income before taxes } & 6 . & \text { Operating revenues } \\\text { 3. } & \text { Income taxes } & 7 . & \text { Income from operations } \\\text { 4. } & \text { Operating expenses } & & \\\hline\end{array}$ Select the choice that lists the items in the order they would appear on a multiple-step income statement.

• A)6,1,7,4,2,3,5
• B)7,6,1,4,2,3,5
• C)6,4,7,1,2,3,5
• D)6,7,4,1,2,3,5

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