Which of the Following Combinations Results Does Not Result in the Same

question 298

Multiple Choice

Which of the following combinations results does not result in the same amount of net income reported on the income statement?

• A) Total revenues of $70,000 and total expenses of $60,000.
• B) Total revenues of $40,000 and total expenses of $20,000.
• C) Total revenues of $80,000 and total expenses of $60,000.
• D) Total revenues of $60,000 and total expenses of $40,000.
• E) Total revenues of $170,000 and total expenses of $150,000.

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Definitions:

Speculators

Investors who engage in the buying and selling of financial instruments, commodities, or other assets with the aim of making profits from short-term price fluctuations.

Risks

Pertains to the potential for losses or other adverse outcomes arising from uncertainties in decision-making or future events.

Floating Exchange Rate

A currency system that allows the value of a currency to fluctuate according to the foreign exchange market.

Market Forces

The economic factors affecting the price and availability of goods and services, including supply and demand.