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Tonya compared revenue of $30,000 to expenses of $22,000 to determine whether her business experienced a net income or loss. Which type of financial statement was used?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
Paul reviewed his company's budget for six months and determined that it is spending less on utilities. Which type of budget was used?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
Todd gave Intrek Computer Services a personal check for which his bank guaranteed payment. This is an example of which type of payment services?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
An investor prefers a financial institution that offers safe deposit boxes, trusts, and loans. Which characteristic(s) of financial institutions the investor prefers?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
Harry's Grocery Store revenue for last year was $98,000 and it paid $103,000 in expenses. Which is the net income/net loss amount for the store?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
Ford Motor Company determined it can afford to start selling vehicles that imitate a living room on wheels. This is an example of what kind of financial planning?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
Alicia should use which type of budget to analyze the business performance of her floral company?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
Sarah purchased school supplies with a store gift card of $300. This is an example of which type of payment services?
$5,000 net loss
Electronic
income statement
Operating
Operating
Certified check
Expansion
Services
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