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Which of the following is true about operating activities vs. non-operating activities on a multiple-step income statement: Which of the following is true about operating
Which of the following is true about operating activities vs. non-operating activities on a multiple-step income statement:
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.
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