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aksik [14]
2 years ago
8

Traditional format income statements are prepared primarily for external reporting purposes. true /false

Social Studies
1 answer:
Sholpan [36]2 years ago
4 0

Traditional format income statements are prepared primarily for external reporting purposes are true.

<h3>What is income?</h3>

Income is the money that an individual or organization receives in return for their services or goods. Depending on the context—such as taxation, financial accounting, or economic analysis—income may have a variety of definitions. For the majority of people, their total earnings include their wages and salaries, investment returns, pension payments, and other receipts. There is no one, universal definition of income; rather, the concept is defined in accordance with the context in which it is used. For businesses, income refers to the revenues from selling services and products as well as any interest and dividends received in relation to their cash accounts and related reserves.

To learn more about income, visit:

brainly.com/question/25745683

#SPJ4

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Before 1970, mutual funds invested almost solely in Question 1 options: A) municipal bonds and money market securities. B) corpo
denis23 [38]

Before 1970 , mutual funds invested almost solely in corporate bonds.

Explanation:

A corporate bond is defined as that bond that a corporation normally issue so that they can raise finance for various reasons related to ongoing operation or so that the business can be expanded.

During 1952 ,6.5 million Americans had common stock. Due to the Great Depression that happened in 1930s and the market crash that happened in 1950 scared people a lot ,thus they kept themselves aside from stock. During 1950 it was a time consuming as well as expensive investment process. During 1950 people had limited investment choice and the concepts related to overseas were not in the scenario.

3 0
3 years ago
Jeff and rob have a difficult time getting along at work. most days, jeff spends a lot of time cracking jokes and goofing off, w
Juliette [100K]

The behavior of Jeff and Rob is an example of avoidance learning which is a form of behavior modification, it allows a person to act, behave accordingly or to teach one’s self in behaving in a new way to avoid having situations that will make them lead to an unpleasant situation. It is seen in the given scenario for Jeff stops on acting goofy and decided to keep quiet so that Rob won’t nag him in to telling him to act accordingly because of the behavior that he is displaying, making Rob’s action to not trigger and to be avoided. It is a way where they try to avoid the used to behavior to avoid a more unpleasant situation.

5 0
3 years ago
Is simple random sampling usually done with or withoutâ replacement?
mixer [17]
Umm... I don’t think so, but I’m not 100% sure.
3 0
4 years ago
Choose the answer that best completes the sentence below.
Troyanec [42]

Answer:

as a result...

Explanation:

-_-

6 0
3 years ago
What is Hints colonial parent? Who took them over?
Ymorist [56]

Answer:

in 1763, no British subject on either side of the Atlantic could have foreseen the coming conflicts between the parent country and its North American colonies.

foreseen the coming conflicts between the parent country and its North American colonies. ... In January 1763, Great Britain's national debt was more than 122 million ... Rebellion - led to the Proclamation of 1763, which forbade colonial settlement west ... British leaders also felt the need to tighten control over their empire.

Explanation:

4 0
3 years ago
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