Which of the Following Is Not One of the Seven

question 44

Multiple Choice

Which of the following is not one of the seven major segments of the retail industry?

• A) electronics and computers
• B) specialty stores
• C) gasoline and fuel
• D) food and beverage

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Definitions:

Net Income

The net profit of a company following the deduction of all expenses and tax amounts from its total income.

Bonds Payable

Long-term debt securities issued by corporations or governments to raise capital, with an obligation to pay back the principal along with interest.

Operating Activities

Transactions and events related to the principal revenue-producing activities of an entity, influencing the net cash flow from operating activities.

Financing Activities

Transactions and events involving the flow of cash between a company and its owners, investors, or creditors.