Which of the Following Would Appear on a Multiple-Step Income

question 137

Multiple Choice

Which of the following would appear on a multiple-step income statement but not on a single-step income statement?

• A)Net income
• B)Total expenses
• C)Total revenues
• D)Income before income taxes

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Definitions:

Shaping

An operant-conditioning procedure in which successive approximations of a desired response are reinforced.

Vicarious Conditioning

Learning that occurs by observing the reactions of others to an environmental stimulus, rather than through direct experience.

Spontaneous Recovery

A phenomenon in psychology where previously extinguished responses reappear after a period of no exposure to the conditioned stimulus.

Superstitiously

In a manner that is based on or shows a belief in superstitions, which are beliefs or practices resulting from ignorance, fear of the unknown, trust in magic or chance, or a false conception of causation.