Which of the following income statement items is considered to be transitory?
A) promotional costs for a new product
B) sales revenue from the general public
C) interest expense on short-term loans
D) income from discontinued operations

Name: Which of the following income statement items is considered to be transitory? A) promotional costs for a new product B) sales revenue from the general public C) interest expense on short-term loans D) income from discontinued operations
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Question

Quizplus · Accepted Answer

The Answer is D

Which of the Following Income Statement Items Is Considered to Be