Question: Select all that apply Which are 3 common misconceptions users of an income statement may have? (Select all that apply.) Multiple select question.

Select all that apply\ \ Which are 3 common misconceptions users of an income statement may have? (Select all that apply.)\ \ Multiple select question.\ \ Net Income reports all changes of value that occurred during the accounting period.\ \ \ Net Income does not include estimates.\ \ \ Net Income includes estimates.\ \ \ Net Income does not equal Cash.\ \ \ Net Income does not report all changes of value that occurred during the accounting period.\ \ \ Net Income equals Cash.

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