Which of the Following Is Not Included in the Income

question 9

Multiple Choice

Which of the following is not included in the income statement?

• A)Finance costs
• B)Share of profit and loss from equity method
• C)Extraordinary operations
• D)Tax expense

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Definitions:

Evidence

Information or facts that are used to support a belief, claim, or argument.

Crowdsourcing

The process of gaining information, concepts, or content by seeking contributions from a broad base of people, largely from the online community.

Fashion Business

An industry concerned with the design, production, marketing, and sale of clothing, footwear, and accessories.

Choice of Designs

Involves selecting an appropriate design or approach for a project, study, or endeavor based on objectives, constraints, and resources.