Net Income Does Not Include

question 26

Multiple Choice

Net income does not include

• A) income taxes expense.
• B) discontinued operations.
• C) foreign currency translation adjustments.
• D) extraordinary gains and losses.

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Definitions:

Chunking Effect

A memory strategy that involves grouping information into manageable units or "chunks" to enhance the ability to remember it.

Relearning

The process of learning material or skills previously studied then forgotten, often occurring more quickly than the initial learning.

Recall

The act of retrieving information or memories from one's past without specific cues, often tested as a measure of memory.

Recognition

The cognitive process of identifying and acknowledging the presence or existence of something previously seen, heard, or known.