Net income is ________.
A)not cash flow
B)the cash flow from the operations of the company during the period
C)the increase or decrease in cash flow for the period
D)earnings before interest and taxes

Question

Quizplus · Accepted Answer

Net income is an accounting term that represents the profit of the company after all expenses and taxes have been deducted from revenues, but it is not the same as cash flow, which measures the actual cash coming in and going out of the business.

Net Income Is ________