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    Fundamentals of Financial Accounting Study Set 2
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    Exam 3: The Income Statement
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    Operating Income Refers To
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Operating Income Refers To

Question 108

Question 108

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:

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