Answer:
(B) False
Explanation:
As we know that
Net income = Total revenues - total expenses
The main difference between the single - step income statement and the multi-step income statement due to classifications
In the single - step income statement, we normally
Revenues
Total revenues (A)
Expenses
Total expenses (B)
Net income (A-B)
while in multi-step income statement,
Sales revenue
Less: Cost of goods sold
Gross profit
Less: Operating expenses
General and administrative expenses
Depreciation expense -
Profit before tax
Less: income tax
Net income
So in both the cases, the amount of the net income is equal.
<h2>The given statement is false.</h2>
Explanation:
A CSR is equivalent to any other company but a difference is that a CSR work for Corporate Social Responsibility projects. The company get funds from other companies whose Annual turnover exceeds the limit specified by the Government.
CSR actually helps to eradicate to upgrade skills of under privileged youths, provide training to uncivilized women to enhance their skills and learn on their own, etc.
So CSR should use e-mail, newsletter and stay current on information to update themselves and to promote CSR further.
Answer:
C. Bank interest payment
Explanation:
Lynette will not compute the interests earned on his amount in his checkbook.
A banking fee will reduce the amount in the statement to the checkbook
A penalty exceeding transaction limit will also reduce the amount in the statement to the checkbook
ATM withdrawal not logged in the checkbook could also increase the check book figure and reduce the bank statement instead.
Thus the answer is C. Bank interest payment.
Answer:
a CGI script
Explanation:
Based on the scenario being described within the question it can be said that the most likely problem on the server is a CGI script. In the context of information technology, a Common Gateway Interface (CGI) is an interface for web servers used to execute certain scripts or programs. Therefore there must be a problem with the CGI script since it is not being read correctly and causing the crash.
Answer:
Differentiation strategy
Explanation:
Differentiation strategy is an approach by a business to make its products and services unique and better in comparison to products from its competitors. The strategy aims at creating a perception in customer's minds that the company products are superior.
The company aims to attract more sales by distinguishing itself from the competition.