The budgeted income statement shows operating income and net income.

Name: The budgeted income statement shows operating income and net income.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The budgeted income statement includes both operating income and net income as part of its financial projections. Operating income represents the revenue generated from core business operations, while net income is the profit or loss after all expenses and taxes are taken into account.

The Budgeted Income Statement Shows Operating Income and Net Income