Items Appear on the Income Statement in Which Order

question 42

Multiple Choice

Items appear on the income statement in which order?

• A) Extraordinary items, Discontinued operations, Other revenues and expenses
• B) Discontinued operations, Extraordinary items, Other revenues and expenses
• C) Other revenues and expenses, Discontinued operations, Extraordinary items
• D) Other revenues and expenses, Extraordinary items, Discontinued operations

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Definitions:

Sampling Technique

A method used to select a portion or subset from a larger group or population for the purpose of statistical analysis.

Chance

The occurrence of events in the absence of any predictable pattern or intention, often associated with randomness or luck.

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Electronic mailing lists that allow for the distribution of messages among subscribed members.

Shared Vocabularies

A set of commonly agreed upon terms and definitions used within a particular community, organization, or group to ensure clear and effective communication.