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#42 The primary distinction between operating activities and nonoperating activities in a multiple-step income statement is whether the activity is: A) Related to current versus
#42
The primary distinction between operating activities and nonoperating activities in a multiple-step income statement is whether the activity is:
A) Related to current versus long-term assets.
B) A large or small dollar amount.
C) Reported as a revenue or an expense.
D) Part of primary business operations.
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