Can someone explain to me why C is not correct? I don't recall Income from continuing operations is net of tax.

MCQ-04462 Concept Industries is preparing its income statement for the year ended December 31. In preparing the statement, the line item displayed before considering income tax effects is: A. Income (loss) from operations. B. Net Income. C. Income (loss) from continuing operations. D. Accumulated other comprehensive income. Explanation Choice "A" is correct. The line item "Income (loss) from operations" is shown gross (before taxes). The line item is an intermediate line item displayed on a multiple step income statement that represents the difference between gross margin and operating expenses such as selling and general and administrative expenses. Choice "B" is incorrect. Net income is displayed net of taxes in either a single step or multiple step income statement. Choice "C" is incorrect. Income (loss) from continuing operations is displayed net of taxes in either a single step or multiple step income statement. The title of this line item is used in the event that the reporting organization is required to report discontinued operations. Choice "D" is incorrect. Accumulated other comprehensive income is a component of stockholders' equity