Tania, a Management Accountant in a Cosmetics Company, Is Asked

Multiple Choice

Tania, a management accountant in a cosmetics company, is asked by her manager to calculate the profit or loss earned by the company in a given time period. To get the required data, Tania is most likely to:

A) subtract the company's expenses from its revenues.
B) add the company's current liabilities to its accounts receivable.
C) subtract operating costs from the company's retained earnings.
D) multiply the revenue of the company with its retained earnings.