check all that applyno specific standard dictates the format of the income statement.no specific standard dictates the format of the income statement.companies usually report income tax expense in a separate line in the income statement regardless of the format used.companies usually report income tax expense in a separate line in the income statement regardless of the format used.the amount of net income reported in a single-step income statement will be different than that reported in a multiple-step income statement.the amount of net income reported in a single-step income statement will be different than that reported in a multiple-step income statement.the multiple-step format provides information that might be useful in analyzing trends.