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    Core Concepts of Accounting
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    Exam 9: The Corporate Income Statement and Financial Analysis
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    Which of the Following Items Should Not Be Included in Income
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Which of the Following Items Should Not Be Included in Income

Question 76

Question 76

Multiple Choice

Which of the following items should not be included in income from operations?


A) Cost of Goods Sold
B) Depreciation Expense
C) Sales Revenue
D) Loss from Extraordinary Item
E) Advertising Expense

Correct Answer:

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