What Is the Simple Subject in the Following Sentence? the School

question 30

Multiple Choice

What is the simple subject in the following sentence? The school choir was singing at the performance.

• A) school
• B) choir
• C) performance
• D) singing

Grasp the sequence and components of the accounting process.

Understand the concept of amortization and how monthly payments are applied to both the principal and interest.

Calculate the total interest paid over the life of a loan.

Calculate the outstanding balance of a loan after a certain period of payments.

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Definitions:

Net Incomes

The total earnings of a company after all expenses, taxes, and costs have been deducted from total revenue.

Absorption Costing

An accounting method that includes all manufacturing costs (direct materials, direct labor, and both fixed and variable manufacturing overhead) in the cost of a product.

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Segmented Income Statement

An income statement that breaks down revenues, expenses, and profit or loss by specific business segments.