Examlex
Which of the following is not a type of validity?
Net Income
The profit a company holds onto after removing expenses and taxes from its earned revenue.
Operating Revenues
Income earned from a company's main business activities or operations, excluding non-operating revenue like interest or sale of assets.
Operating Expenses
Regular costs incurred in the process of running a business, such as rent, utilities, and payroll, that do not include the cost of goods sold.
Interest Expense
The cost incurred by an entity for borrowed funds.
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