nerdexam
AFP

CTP · Question #550

(Topic 6) All of the following items may be found on an income statement EXCEPT:

The correct answer is B. prepaid expenses. See the full explanation below for the reasoning.

Question

  • (Topic 6)

All of the following items may be found on an income statement EXCEPT:

Options

  • Acost of goods sold.
  • Bprepaid expenses.
  • Cinterest expense.
  • Dtaxes.

How the community answered

(52 responses)
  • A
    6% (3)
  • B
    83% (43)
  • C
    8% (4)
  • D
    4% (2)

Community Discussion

No community discussion yet for this question.

Sign up to join the discussion
Full CTP Practice