Border Protection Involves Ports of Entry

question 10

Multiple Choice

Border protection involves ports of entry.These include all of the following EXCEPT:

• A)seaports
• B)border checkpoints
• C)airports
• D)ocean shores

---

Definitions:

Net Sales

Net sales refer to the amount of revenue generated from product sales after deducting returns, allowances for damaged goods, and discounts.

Vertical Analysis

A financial statement analysis method that lists each line item as a percentage of a base figure within the same statement.

Net Income

The total earnings of a company after subtracting all expenses from revenue.

Income Statement

The Income Statement is a financial statement that shows a company's revenues and expenses over a specific period, resulting in a net income or loss.