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

---

Definitions:

Anchored

Fixed firmly in position; a term often used metaphorically to describe something that is firmly established or secure.

Flexes

The action of bending a limb or joint or the ability to bend a muscle.

Musculoskeletal

Pertaining to the muscular and skeletal systems.

Skeletal Systems

The framework of bones and cartilage that supports the body, protects internal organs, and provides leverage for movement.