Multiple Choice
Which of the following income statement elements is an economic inflow that occurs from primary operations?
A) revenue
B) comprehensive income
C) gain
D) net income
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Operating income is gross profit less all
Q3: The following data include all the
Q4: Which of the following is not a
Q5: A sporting goods retailer sells some of
Q6: Which of the following is typically included
Q7: IFRS requires companies to disclose write-downs of
Q8: Key performance measures on the statement of
Q9: Which of the following transactions is not
Q10: How are expenses similar to losses and
Q11: Companies report earnings per share for all