18 points Which of the following is true about operating activities vs. non-operating activities on a multiple-step income statement: Non-operating activities (like other revenues and gains and other expenses and losses) are usually preceded by income from operations. Operating income is generally viewed as sustainable. Many non-operating activities are non-recurring. All of the choices are correct. 0050

Which of the following is true about operating activities vs. non-operating activities on a multiple-step income statement: Non-operating activities (like other revenues and gains and other expenses and losses) are usually preceded by income from operations: Operating income is generally viewed as sustainable. Many non-operating activities are non-recurring. All of the choices are correct