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Please help me Which of the following is not a true statement about a multiple-step income statement? There may be a section for non-operating activities.

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Which of the following isnota true statement about a multiple-step income statement?

  1. There may be a section for non-operating activities.
  2. There is a section for cost of goods sold.
  3. There may be a section for operating assets.
  4. Operating expenses may be classified as selling and administrative expenses.

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