One objective of the corporate income statement is to separate the results of continuing operations from those of discontinued operations.

Name: One objective of the corporate income statement is to separate the results of continuing operations from those of discontinued operations.
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Quizplus · Accepted Answer

This is true, as separating the results of continuing operations from those of discontinued operations allows for a clearer understanding of the financial performance of the corporation's ongoing business activities.

One Objective of the Corporate Income Statement Is to Separate