Question

which is another name for an income statement?
a. balance sheet
b. cash flow statement
c. start-up budget
d. profit and loss statement

Explanation:

An income statement summarizes a company's revenues, expenses, and resulting profit or loss over a period. Among the options, only the profit and loss statement refers to this same financial document. A balance sheet shows assets/liabilities/equity, a cash flow statement tracks cash movement, and a start-up budget is a planning tool for new businesses.

Answer:

D. Profit and loss statement