Net Income Appears on The

question 20

Multiple Choice

Net income appears on the:

• A)balance sheet.
• B)income statement.
• C)statement of owner's equity.
• D)income statement and the statement of owner's equity.

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Definitions:

Central Route

A method of persuasion that uses high elaboration—where people pay attention to the arguments and consider all the information in the message. This method usually results in development of stronger attitudes.

Stereotyping

The act of generalizing a set of characteristics to all members of a group, often leading to oversimplified perceptions or judgments.

Prejudice

A preconceived opinion or judgment, often negative, towards an individual or group without proper knowledge or examination.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.