Which of the following is not an alternate title for the financial statement that reports revenues and expenses?

Question

Quizplus · Accepted Answer

All of the other options (A, C, and D) are alternate titles for the financial statement that reports revenues and expenses. The statement of net income typically refers to a variation of the income statement that subtracts only the expenses directly related to generating revenues, while leaving out other expenses such as interest and taxes.

Which of the Following Is Not an Alternate Title for the Financial