Which of the Following Statements Concerning Net Income Is MOST

question 23

Multiple Choice

Which of the following statements concerning net income is MOST correct?

• A) Net income represents cash available to pay dividends.
• B) Net income represents sales minus operating expenses at a specific point in time.
• C) Negative net income reduces a company's cash balance.
• D) Net income represents income that may be reinvested in the firm or distributed to its owners.

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Definitions:

Human Rights Acts

Legislation that outlines fundamental rights and freedoms that individuals are entitled to.

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or disability, rather than on their merits.

National Or Ethnic Origin

The country, nation, tribe, or ethnic group from which a person or their ancestors come, often used in the context of diversity or anti-discrimination policies.

Workplace Harassment

Inappropriate or unwelcome conduct in a professional setting that can lead to a hostile work environment.