Net income is ________
A) the accounting profit from the operations of the company during the period
B) cash flow
C) the accounting profit from the non-operating assets of the company during the period
D) always equal to the dividends paid to shareholders
Answer: A
Explanation: A) Net income is not cash flow. Net income is the accounting profits from the OPERATIONS of the company during the period. Cash flow is the increase or decrease in cash for the period.
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If the Real Estate Commissioner needed to terminate approval for sale of lots in a new subdivision, he or she would:
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In packaged data models, all subtype/supertype relationships follow the ________ and ________ rules
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