The multiple-step form of income statement shows operating income separate from other revenue and other expenses.

Name: The multiple-step form of income statement shows operating income separate from other revenue and other expenses.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The multiple-step form of income statement separates operating income from other revenue and other expenses, providing a clearer picture of a company's financial performance in its core operations.

The Multiple-Step Form of Income Statement Shows Operating Income Separate