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The normal income statement which constitutes one of the financial statements of a company, is financial income statement. So fu
The normal income statement which constitutes one of the financial statements of a company, is financial income statement. So fu
admin
2012-01-26
65
问题
The normal income statement which constitutes one of the financial statements of a company, is financial income statement. So functional income statement is an income statement that segregates all costs by use ; it shows revenues less cost of goods sold ( gross margin) less selling and administrative expenses. This approach is useful for financial reporting purpose ; it provides outsider readers with information about company’s progress and about which functional areas are being emphasized. For management’s use in the decision-making process, however, an income statement that follows a cost behavior approach, often referred to as a Contribution Margin Income Statement, is more valuable.
The company’s prepayment to its supplier is regarded as a liability item.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
C
解析
文中通篇没有提及prepayment预付款。
转载请注明原文地址:https://kaotiyun.com/show/Nzid777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
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FECT综合(现代金融业务)
金融英语(FECT)
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