Which Report Shows Income, Costs of Goods Sold, Expenses, and Net

question 9

Multiple Choice

Which report shows income, costs of goods sold, expenses, and net income for the three months?

• A)Profit and Loss by Month.
• B)Balance Sheet's percent of income.
• C)Transaction Detail by Account.
• D)Statement of Cash Flows.
• E)None of these.

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Definitions:

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An organization that monitors and evaluates the efficiency, accountability, and transparency of charities.