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    Management Entrepreneurship
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    Exam 8: Accounting Records and Financial Statements
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    The Financial Record That Summarizes the Income and Expenses of the Business
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The Financial Record That Summarizes the Income and Expenses of the Business

Question 10

Question 10

Multiple Choice

The financial record that summarizes the income and expenses of the business over time is the


A) Income statement
B) Balance sheet
C) Statement of retained earnings
D) Statement of cash flows

Correct Answer:

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