Which of the Following Would Not Be Found on an Income

question 180

Multiple Choice

Which of the following would not be found on an income statement of a service organization?

• A) selling expenses
• B) cost of goods sold
• C) operating income
• D) sales revenue

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Definitions:

Exploited

The act of using someone or something unfairly for one's own advantage, particularly in regards to labor or resources.

Service Workers

Individuals employed in jobs that provide services rather than goods, including sectors such as healthcare, education, and hospitality.

Nickel and Dimed

A book by Barbara Ehrenreich that explores the impact of low-wage jobs on workers and highlights issues of poverty and social inequality.

Independent Sector

A term often used to refer to the non-profit sector, encompassing organizations and entities that operate independently of government influence.