Question: #42 The primary distinction between operating activities and nonoperating activities in a multiple-step income statement is whether the activity is: A) Related to current versus

#42

The primary distinction between operating activities and nonoperating activities in a multiple-step income statement is whether the activity is:

A) Related to current versus long-term assets.

B) A large or small dollar amount.

C) Reported as a revenue or an expense.

D) Part of primary business operations.

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