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Which of the Following Types of Income Would Be Considered

Question 35

Multiple Choice

Which of the following types of income would be considered to be permanent earnings?


A) A gain on the sale of equipment resulting from the discontinuance of a business segment.
B) Income from a business segment that is expected to be sold within the next year.
C) Income resulting from the successful settlement of a major lawsuit.
D) Income resulting from a store opened during the most recent fiscal year.

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