Which of the Following Items Appear on the Corporate Income

question 11

Multiple Choice

Which of the following items appear on the corporate income statement before income from continuing operations?

• A) cumulative effect of a change in accounting principle
• B) income tax expense
• C) presentation of earnings per share
• D) loss on discontinued operations

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Definitions:

Newly Created Calendar

A calendar that has been recently made, often referring to digital calendars created in applications for scheduling and organizing events.

Outlook

A Microsoft email and calendar program that helps users organize and manage their communications, schedules, and tasks.

Calendar Items

Entries or events scheduled in a calendar application, including appointments, meetings, and reminders.

Events

Occurrences, especially significant ones, which can be scheduled or recorded in calendars or logs.