When a company's activities include income-related events not part of normal,continuing operations,the complete income statement could potentially have the following sections:
A)Items from continuing operations and earnings per share for a corporation.
B)Income or loss from operating a discontinued segment for the current period.
C)The loss from disposing of the discontinued segment's net assets.
D)Extraordinary items.
E)Continuing operations,discontinued segments,extraordinary items,changes in accounting principles,and earnings per share for a corporation.

Question

Quizplus · Accepted Answer

Option E includes all of the potential sections that could be included in a complete income statement when a company's activities include income-related events not part of normal, continuing operations. This choice covers all possibilities, while other options do not include all potential sections.

When a Company's Activities Include Income-Related Events Not Part of Normal,continuing