Common Items Found on an Income Statement Include All of the Following

question 8

Multiple Choice

Common items found on an income statement include all of the following except for which of the following:

• A) Revenue
• B) Retained earnings
• C) Cost of sales
• D) Sales, general and administrative expenses
• E) Net income

---

Definitions:

Rambling Monologue

A lengthy, often tedious speech made by a single person, lacking a clear focus or endpoint, which can lead to listener disengagement.

Rating

An assessment or evaluation of something, typically in terms of quality, quantity, or some combination of factors.

Voting

The act of making a choice or expressing an opinion in a group by casting a ballot, raising a hand, or using any other method designated for decision-making.

Traditional Brainstorming

A conventional method of generating numerous ideas within a group setting without initial evaluation or critique.