Which of the Following Financial Statements Reports the Excess of a Company's

question 23

Multiple Choice

Which of the following financial statements reports the excess of a company's revenues over its expenses?

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

---

Definitions:

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.

AFLAC Company

An American insurance company known for its supplemental insurance policy coverage for individuals and groups in the United States and Japan.

Undesirable Work Behaviors

Actions or conduct by employees that are not aligned with organizational goals or values, potentially harming the workplace environment or productivity.

Organizational Goals

Objectives or targets that an organization aims to achieve, which guide its operations and strategic direction.