The Earnings Statement Is Another Term for the

question 216

Multiple Choice

The earnings statement is another term for the

• A) balance sheet.
• B) income statement.
• C) statement of financial position.
• D) owners' equity statement.
• E) capital statement.

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Definitions:

Sincerely

A form of sign-off in correspondence that indicates genuineness and goodwill.

Spelling

The act of correctly sequencing the letters that form a word when writing or naming them.

Permitted

Allowed or authorized by law or by some authority.

Spelling

The correct arrangement of letters to form a word.