Which of the Following Items May Be Classified as Nonoperating

question 41

Multiple Choice

Which of the following items may be classified as nonoperating revenues and expenses?

• A)Interest expense.
• B)Loss on the sale of equipment.
• C)Interest revenue.
• D)All of the other answers are classified as nonoperating revenues and expenses.

---

Definitions:

Femininity

A collection of characteristics, actions, and functions typically linked to females by societal norms.

Smoking Preferences

Individual choices or tendencies related to the consumption of tobacco products, such as the type of product used, frequency, and context of smoking.

Peer Pressure

The influence exerted by a peer group, encouraging individuals to change their attitudes, values, or behaviors to conform to group norms.

Teaching Children

The process of imparting knowledge, skills, and social norms to young individuals to facilitate their growth and development.