Which of the Following Is NOT Included in Income from Continuing

question 157

Multiple Choice

Which of the following is NOT included in income from continuing operations?

• A) gain on sale of machinery
• B) a segment of a business that has been discontinued
• C) cost of goods sold
• D) losses due to lawsuits

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Definitions:

Doing Several Things

The ability or action of handling multiple tasks or activities simultaneously.

Alternative Work Schedule

An employment arrangement that differs from the traditional 9-to-5, Monday-to-Friday work week, often including flexible working hours or compressed workweeks.

Advantages

Benefits or favorable factors that contribute to the success of a business or strategy.

Disadvantages

Negative or less favorable conditions or factors that reduce effectiveness or efficiency.