Discussion
Home ‣ General Knowledge ‣ Indian Economy See What Others Are Saying!
- Question
The single-step income statement emphasizes
Options- A. the various components of income from continuing operations
- B. extraordinary items and accounting changes more than these are emphasized in the multiple-step income statement
- C. total revenues and total expenses
- D. the gross profit figure
- Correct Answer
- total revenues and total expenses
ExplanationThe single-step income statement emphasizes
1. total revenues and total expenses.2. Revenues
3. Expenses
4. Net income
The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.
- 1. What is an FET?
Options- A. Farad Effect Transformer
- B. Field Effect Transformer
- C. Field Effect Transistor
- D. French Energy Transfer Discuss
- 2. The greatest variety of animal and plant species is fund in
Options- A. temperate grasslands
- B. tropical moist forests
- C. tundra regions
- D. in hot deserts Discuss
- 3. The members of the Rajya Sabha are elected for a term
Options- A. of six years
- B. determined by the state legislative assembly of a state
- C. of four years
- D. None of the above Discuss
- 4. The shallow seas found in the Atlantic basin include the
Options- A. Caribbean sea and Mediterranean
- B. Baltic and Arctic seas
- C. Gulf of Mexico
- D. All of the above Discuss
- 5. Coral reefs in India can be found in
Options- A. the coast of Orissa
- B. Waltair
- C. Rameshwaram
- D. Trivandrum Discuss
- 6. Which of the following is the lightest metal?
Options- A. Mercury
- B. Lithium
- C. Lead
- D. Silver Discuss
- 7. The first graphical browser for the WWW was named:
Options- A. Netscape
- B. Veronica
- C. Mosaic
- D. Explorer Discuss
- 8. What Designates where the next action occurs?
Options- A. Decode
- B. Highlight
- C. Select
- D. Mother board Discuss
- 9. 'Eight Lives' is a book written by
Options- A. Raja Ramana
- B. Savita Ambedkar
- C. Mahesh Yogi
- D. Raj Mohan Gandhi Discuss
- 10. In India the first television programme was broadcasted in
Options- A. 1959
- B. 1965
- C. 1976
- D. 1957 Discuss
More questions
Correct Answer: Field Effect Transistor
Correct Answer: tropical moist forests
Correct Answer: of six years
Correct Answer: All of the above
Correct Answer: Rameshwaram
Correct Answer: Lithium
Correct Answer: Mosaic
Correct Answer: Select
Correct Answer: Raj Mohan Gandhi
Correct Answer: 1959
Comments
There are no comments.More in General Knowledge:
Programming
Copyright ©CuriousTab. All rights reserved.