Which of the Following Does NOT Belong to an Income

question 24

Multiple Choice

Which of the following does NOT belong to an income statement?

• A) Depreciation expense
• B) Goodwill
• C) Extraordinary items
• D) Amortization expense

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Definitions:

Spinal Reflexes

Spinal reflexes are automatic responses to stimuli that involve the spinal cord and occur without the direct involvement of the brain, such as the knee-jerk reaction.

Automatic

Processes or responses that occur without conscious thought, often as a result of learning or habituation.

Conscious Effort

Deliberate and intentional attempt to think about or do something.

Automatic Reaction

An involuntary and immediate response to a particular stimulus without conscious thought.