Multiple Choice
Operating income refers to:
A) operating revenue minus operating expenses.
B) revenue generated by day-to-day business activities.
C) gains minus losses.
D) the net income of the company during the relevant time period.
Correct Answer:

Verified
Correct Answer:
Verified
Q103: Match the term and the definition.There are
Q104: Which of the following would eventually cause
Q105: A dance studio accepts $1,500 to provide
Q106: When a company uses it resources to
Q107: During the three months of this quarter,Asbar,Inc.,has
Q109: The Rainbow House Painting Company has been
Q110: During April,the Grass is Greener Company buys
Q111: Customers paid $8,000 on their accounts.Which accounts
Q112: The expense recognition principle requires that expenses
Q113: During November 2017,Asler,Inc.,performs consulting services.The client does