Which of the Following Items Would Not Appear in an Income

question 157

Multiple Choice

Which of the following items would not appear in an income statement?

• A)Delivery expense.
• B)Accounts payable.
• C)Service revenue.
• D)Utilities expense.

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Definitions:

Variance

A measure of the spread between numbers in a data set, showing how far each number in the set is from the mean and thus from every other number in the set.

Recession

A noticeable drop in economic performance affecting the entire economy, enduring longer than several months, usually evident in real GDP, real income, employment, industrial output, and wholesaleretail sales.

Variance

A statistical measurement of the spread between numbers in a data set, indicating how much the numbers differ from the average.

Variance

In statistics, the measure of dispersion within a data set, representing the average of the squared differences from the mean.