Which errors only impact the presentation of revenue, expense, gain, or loss accounts?

The correct choice focuses on income statement errors, which specifically relate to the reporting and presentation of revenues, expenses, gains, and losses in the income statement. These errors can arise from misclassifications, miscalculations, or misinterpretations that affect net income and subsequently financial performance but do not alter the underlying transactions or balances shown in the balance sheet.

For instance, if a company incorrectly records a sale by recognizing revenue too early or miscalculating the cost of goods sold, it directly affects the income statement, leading to incorrect income figures for the period. Unlike balance sheet errors, which involve the assets, liabilities, or equity accounts, or cross-statement errors, which would affect both the income statement and balance sheet, income statement errors are confined to the performance metrics captured in revenue and expense accounts.

Accounting principle errors pertain more broadly to compliance with accounting standards and may influence both the presentation and measurement of assets and liabilities alongside performance metrics. Thus, selecting income statement errors accurately reflects the specific context of the question regarding the impact on revenue, expense, gain, or loss presentation.