Concept information
Preferred term
income statement
Definition
- The income statement (IS) is one component of the financial statements. A standard set of financial statements includes the balance sheet, income statement, statement of cash flows, and associated footnotes. [Source: Encyclopedia of Health Care Management; Income Statement (IS)]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/income_statement
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