Which of the following types of items would you be most likely to see below the income tax expense line on an income statement?
A) Gain on Sale of Discontinued Operations, Net of Tax
B) Gross Profit
C) Cumulative Effect of Accounting Change
D) Salaries Expense

Question

Quizplus · Accepted Answer

Items below the income tax expense line typically include non-operating items such as gains or losses from discontinued operations, net of tax.

Which of the Following Types of Items Would You Be