How Many of the Following Items Are Found on the Income

question 113

Multiple Choice

How many of the following items are found on the income statement, rather than the balance sheet?
• Sales
• Notes payable (due in six months)
• Bonds payable (mature in 10 years)
• Common stock
• Depreciation expense
• Inventories
• Capital in excess of par value
• Net income (earnings after taxes)
• Income tax payable

• A) Two of these items are found on the income statement.
• B) Three of these items are found on the income statement.
• C) Four of these items are found on the income statement.
• D) Five of these items are found on the income statement.

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Definitions:

Femininity

A set of attributes, behaviors, and roles generally associated with girls and women, often culturally determined.

Gender-role Identity

An individual's personal sense of themselves in relation to the cultural norms about gender and gender roles.

Gender Stereotype

Preconceived notions and generalizations about the roles, behaviors, and attributes of men and women based primarily on their sex.

Sexual Orientation

An individual's pattern of emotional, romantic, or sexual attraction to people of the same gender, different genders, both, or neither.