The distinction between operating and nonoperating income relates to:
A) Current versus noncurrent.
B) Primary versus peripheral activities of the reporting entity.
C) Revenues versus expenses.
D) Reliability of measurements.
Answer: Primary versus peripheral activities of the reporting entity.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.