Match the Type of Income Statement to the Costs It

question 27

Multiple Choice

Match the type of income statement to the costs it includes.
-Administrative expense

• A)Variable costing income statement
• B)Absorption costing income statement
• C)Both types of income statements

---

Definitions:

Combined ROI

The total return on investment generated from a set of investments or projects, combined into a single measure.

Net Operating Income

Represents the profit a company generates from its operations, minus all operating expenses except interest and taxes.

Turnover

The rate at which a company's inventory or assets are replaced or sold within a specific period.

ROI

Return on Investment; a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of multiple investments.