The accounting statement that measures the revenues, expenses, and net income of a firm over a period of time is called the:

a. statement of cash flows
b. income statement
c. GAAP statement
d. balance sheet
e. net working capital schedule

Ans: b. income statement

Business

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A nontariff barrier (NTB) includes all of the following except:

A) quotas. B) discriminatory procurement policies. C) restrictive administrative policies. D) restrictive technical regulations. E) ad valorem duty.

Business

The Freedom of Information Act (FOIA) permits for _____examination of records

conducted by the presiding judge, usually in chambers outside the presence of the public, to preserve the confidentiality of documents while giving the judge the opportunity to review the records and make an informed decision. Fill in the blanks with correct word

Business