Use This Information to Answer the Following Question

question 154

Multiple Choice

Use this information to answer the following question. If the income statement were prepared in a multistep form, operating expenses would be

• A) $46,000.
• B) $16,000.
• C) $22,250.
• D) $40,000.

---

Definitions:

Unique Business Methods

Innovative strategies or approaches adopted by a business to create value, stand out in the marketplace, and achieve competitive advantage.

Customer Lists

Customer lists are valuable business assets that include information about customers such as names, contacts, and buying history, often considered confidential.

Criminal Activity

Criminal activity refers to conduct that is prohibited by law and punishable by the state, including crimes such as theft, assault, and fraud.

Authority

Authority refers to the legal right or power given to an individual or organization to carry out certain actions or enforce rules and decisions.