The Address of the Website of the Institute of Chartered

question 2

Multiple Choice

The address of the website of the Institute of Chartered Accountants in Australia is:

• A)www.icaa.com.au.
• B)www.icaa.org.au.
• C)www.charteredaccountants.com.au.
• D)www.ICA.org.au.

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Definitions:

Income Statement

A financial statement that displays a company's financial performance by detailing revenues, expenses, and net income over a certain period.

Balance Sheet

A Balance Sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, offering a snapshot of its financial condition.

Profit Margin

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.

Return On Sales

A ratio used to evaluate a company's operational efficiency, calculated by dividing operating profit by sales revenue.