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    Intermediate Accounting Study Set 7
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    Exam 5: Statements of Net Income and Comprehensive Net Income
  5. Question
    Which of the Following Income Statement Items Is Considered to Be
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Which of the Following Income Statement Items Is Considered to Be

Question 52

Question 52

Multiple Choice

Which of the following income statement items is considered to be permanent?


A) gains on disposal of equipment
B) impairment losses
C) interest expense
D) discontinued operations

Correct Answer:

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