Which of the Following Would Not Appear on an Income

question 189

Multiple Choice

Which of the following would not appear on an income statement?

• A)Sales revenue
• B)Cost of goods sold
• C)Accounts receivable
• D)Insurance expense

---

Definitions:

Radicalism

A political orientation or perspective that seeks profound or fundamental societal change, often advocating for reform through immediate and non-traditional methods.

Counterculture

A cultural movement or group that rejects mainstream values and norms, often advocating for alternative lifestyles and attitudes.

Sit-in

A form of protest where participants occupy a space, refusing to leave until their demands are met or to draw attention to an issue.

Black Is Beautiful

A cultural movement that emerged in the 1960s in the United States, celebrating African American culture and aesthetics, challenging prevailing beauty standards.