Examlex
Which of the following is not a general characteristic of a project?
Journal
A chronological record of all financial transactions that occur within a business.
Net Income
The amount of earnings remaining for a business after subtracting all costs and expenses from total revenues, also known as net profit.
Income Statement
A financial report that shows a company's revenues, expenses, and profits over a specific period.
Debits and Credits
Accounting terms used to record changes in accounts, where debits are entries on the left side of an account and credits are entries on the right.
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