The purpose of an income statement is to identify the net income of the business true or false

Answers

Answer 1

Answer: True;
an income statement is a business’s net income-
Net income is the income of the businesses minus the expenses the goods it sold cost.

Related Questions

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Determine a freshman's likely first-year grade point average from the student's Scholastic Aptitude Test (SAT) score, high school grade point average, and number of extra-curricular activities. This is an example of:________a. estimation of a continuous outcome.b. unsupervised learning.c. classification of a categorical outcome.d. prediction of a categorical outcome.
Which should you consider when selecting a highlighting color?sizeequalityalignmentcontrast

A Compliance Program with well written policies and procedures: a. can be successful if consistently reviewed and maintained b. cannot be effective due to the sheer volume presented c. will be effective if read by management d. will not be successful without the proper oversight

Answers

The answer would be A.

Which of the following attributes of a website indicates a more reliable source for information?a. Author's information is not listed
b. Site ends in ".edu"
c. Site contains spelling/grammar errors
d. No sources cited

Answers

The answer would be B. An attribute of a website that will indicate a more reliable source of information is when the site ends in ".edu". It is a top level domain for education. It would mean that this particular site is linked with universities, colleges or other educational sites thus it gives more information that are real and factual.

A Web ____ is a software program that retrieves the page and displays it. Select one:a. browser
b. client
c. station
d. server

Answers

a. browser Web browsers are programs like internet explorer, safari, chrome. You use them to access web pages on the internet.

What is the output of the following program?if<- 1
repeat
j+1
repeat
display i *j
j<- j+2
until j = 5
if <- i +1
until i = 5

Answers

What subject is this for I’m kind of lost here

When an item in a menu is black, it means that _____.

Answers

You cannot select it because it is either not able to be done at the time or there was an error.

you can't click it if it went black/gray

s&p

Do you think social media has helped polarize the nation? Why or why not?

Answers

Answer:

Yes, it makes many people hide their lives or what they like to do. I say this because social media may say things are unacceptable, so then people will believe and try to hide their personality.

Other Questions

If the Spelling and Grammar checker suspects you have a misspelled word, it will _____.a. offer suggestions for the correct spelling b. pull up the Dictionary for you to search for the correct spelling c. supply you with Internet search results on the word d. automatically replace the word with the one it believes is correct

If you want to insert a column into an existing table, what would you do?a. Click Column in the Insert tab. b. Click one of the insert buttons in the Rows & Columns group of the Layout tab. c. Click in the Table Style Options group of the Design tab. d. Click one of the insert buttons in the Data group of the Layout tab.

What is a SIEM (Security Information and Event Management) system utilized for?a. It is an advanced intrusion protection system with a GUI-frontend. b. it is a system used to evaluate data from security devices and generate alerts. c. It is an intellectual property protection software that prevents data links, and generates alerts. d. It is a system that monitors security device hardware availability

List 3 categories of computers,describe 2 aspects that differentiate these categories in terms of capability.