Which of the Following Items Are NOT Reported as Part

question 245

Multiple Choice

Which of the following items are NOT reported as part of income from continuing operations?

• A) discontinued operations
• B) gross profit
• C) other income and (expenses)
• D) gain on sale of equipment

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Definitions:

Correlation Coefficient

A statistical measure that describes the extent to which two variables change together.

Inverse Relationship

An inverse relationship refers to a situation where one variable increases while the other variable decreases, showing a negative correlation between the two.

Job Evaluation Points

A numerical value assigned to various aspects of a job, such as skills, effort, and responsibility, to determine its relative worth.

Point Method

A job evaluation method that quantifies job elements to assign points, which are used to determine an appropriate compensation level.