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    Fundamental Accounting Principles Study Set 2
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    Exam 1: Accounting in Business
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    A Statement of Profit and Loss Is Another Name For
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A Statement of Profit and Loss Is Another Name For

Question 106

Question 106

Multiple Choice

A statement of profit and loss is another name for:


A) The income statement.
B) The balance sheet.
C) The statement of cash flows.
D) The statement of changes in equity.
E) The accounting equation.

Correct Answer:

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