Question: The primary distinction belween operating activities and nonoperating activities in a multiple - step income statement is whether the activity is: Multiple Chalce A large
The primary distinction belween operating activities and nonoperating activities in a multiplestep income statement is whether the activity is:
Multiple Chalce
A large or small dollar amount
Part of primary business operations.
Reported as a revenue or an expense:
Related to current versus longterm assets.
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