10 Questions
Which organization endorses this resource?
Cambridge Assessment International Education
Which syllabuses does this resource support?
Cambridge IGCSE® and O Level Business Studies syllabuses
Who developed this resource?
Subject experts
What does the Student eTextbook version of this book contain?
Interactive quizzes
Are the interactive quizzes in the Student eTextbook version of this book exam-style questions?
No
Which financial statement details a company's income and expenses over a specific period?
Income statement
Who benefits from reading an income statement?
Employees
What is another term for an income statement?
Profit and loss statement
Why is it important to be able to read an income statement?
To understand a company's financial health
What does an income statement communicate?
Profit and loss information
Study Notes
Resource Details
- This resource is endorsed by a specific organization.
- The resource supports multiple syllabuses.
Resource Developers
- The resource was developed by a particular team or individual.
Student eTextbook Version
- The Student eTextbook version of this book contains interactive quizzes.
- The interactive quizzes are not necessarily exam-style questions.
Financial Statements
- The income statement details a company's income and expenses over a specific period.
- The income statement is also known as another term.
Importance of Income Statement
- Stakeholders benefit from reading an income statement.
- Being able to read an income statement is important because it communicates a company's financial performance.
Test your knowledge of the Cambridge IGCSE® and O Level Business Studies syllabuses with interactive quizzes. This resource, endorsed by Cambridge Assessment International Education, is developed by subject experts and supports the full syllabuses for examination from 2020. Perfect for students in Cambridge schools worldwide.
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