Which One of the Following Would Not Appear on a Single-Step

question 63

Multiple Choice

Which one of the following would not appear on a single-step income statement?

• A)Gross profit
• B)Expenses
• C)Sales revenues
• D)Cost of goods sold

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Definitions:

Legal Services

Professional services provided by lawyers or legal practitioners in matters relating to the law.

Bar Exam

A comprehensive examination that law graduates must pass in order to practice law in a specific jurisdiction or state.

License

Official permission or permit allowing the holder to do, use, or own something within legal bounds.

Nondisclosure Agreement

A legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes but wishes to restrict access to or by third parties.