-Which of the following statements about income statement expenses is most correct?

a. Supplies are expensed (shown) on the income statement when purchased.

b. Supplies are expensed (shown) on the income statement when consumed (used to provide patient services).

c. Expenses can only be reported in one format, from largest to smallest.

d. Expenses can only be reported in one format, from smallest to largest.

e. Statements b. and c. are both correct.