Question: Which are 3 common misconceptions users of an income statement may have? ( Select all that apply. ) Net Income reports all changes of value

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

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