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Arturiano [62]
3 years ago
6

Expenses and revenues that relate directly to the principal revenue-generating activities of the company are classified as _____

____items on the income statement. (Enter only one word.)
Business
1 answer:
inysia [295]3 years ago
5 0

Answer:

Expenses and revenues that relate directly to the principal revenue-generating activities of the company are classified as Operating Income items on the income statement.

Explanation:

Operating Income

  • Operating income comprises revenues and expenses and gains and losses
  • It instantly correlated to the principal revenue-generating movements of the company.
  • Nonoperating income hold items that are not directly associated with these activities.

Learn more about operating income, refer:

  • brainly.com/question/15681171
  • brainly.com/question/23838348
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