Income can also include gains that a company generates from sales that are outside their normal course of operations.

Name: Income can also include gains that a company generates from sales that are outside their normal course of operations.
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

This statement is true. For example, if a software company sells a valuable piece of property, the income generated from that sale would be considered a gain outside of their normal course of operations.

Income Can Also Include Gains That a Company Generates from Sales