The form of income statement that derives its name from the fact that the total of all expenses is deducted
from the total of all revenues is called a

a. multiple-step statement
b. revenue statement
c. report-form statement
d. single-step statement

The correct answer is letter "D": single-step statement.

Explanation:

A single-step statement is a simplified income statement portraying the total revenues and gains at the top of the statement and the company's expenses and losses at the bottom. Depending on the purpose of what this information will be used, some managers might consider the single-step statement lacking details even if it is easier to understand.

riley- $3

sean- $4

jake- $8

riley has the absolute advantage.

the answer is: a greater percentage chance of loss

high risk investments had the characteristic of higher percentage of great return accompanied with higher percentage chance of loss.

this type of investments usually only suitable for investors that have enough capital to survive in case one or more of their investments fail. examples of high-risk investments are stocks and currencies.