Examlex
Most members of the cabinet, who head departments and act as chief advisers to the president on the issues under their jurisdiction, have which of the following titles or positions?
Reported Net Income
The profit or loss of a company after all expenses have been deducted from revenues, as presented in financial statements.
Accrued Payroll Liabilities
Obligations for salaries and wages that have been incurred but not yet paid to employees.
Retained Earnings
The portion of net income that is not distributed as dividends to shareholders, but retained by the company for reinvestment in its operations.
Revenue From Rent
Income generated from leasing properties or spaces to tenants.
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