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Items Appear on the Income Statement in Which Order

Question 74

Multiple Choice

Items appear on the income statement in which order?


A) Extraordinary gains and losses, income from continuing operations, change in accounting principle, and discontinued operations
B) Change in accounting principle, discontinued operations, extraordinary gains and losses, and income from continuing operations
C) Discontinued operations, extraordinary gains and losses, income from continuing operations, and change in accounting principle
D) Income from continuing operations, discontinued operations, extraordinary gains and losses, and change in accounting principle

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