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    Financial Accounting Study Set 1
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    Exam 3: The Income Statement
  5. Question
    The Income Statement Measures The
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The Income Statement Measures The

Question 63

Question 63

Multiple Choice

The income statement measures the:


A) amount of revenue earned during the current period.
B) the change in value of a company.
C) true values of revenues and expenses without using estimates.
D) amount of cash generated by the business.

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