Net Income Appears on Which of the Following Financial Statements

question 50

Multiple Choice

Net income appears on which of the following financial statements?

• A)Balance sheet and income statement
• B)Balance sheet and statement of retained earnings
• C)Balance sheet and statement of cash flows
• D)Income statement and statement of retained earnings

---

Definitions:

Medical Model

A framework in healthcare that views medical issues through the lens of biological factors and emphasizes diagnosis and treatment, often contrasted with holistic or social models of health.

Case Management

A collaborative process of assessment, planning, facilitation, care coordination, evaluation, and advocacy for options and services to meet an individual’s or family's comprehensive health needs.

Case Management

A collaborative process that assesses, plans, implements, coordinates, monitors, and evaluates options and services to meet an individual's health needs.