What does the French “Compte de Résultat” correspond to
What does the French “Compte de Résultat” correspond to?
A. Balance sheet
B. Income statement
C. Trial balance
D. General ledger
Answer: B
Explanation: “Compte de Résultat” is the French term for the Income Statement. It records the company’s revenues and expenses over a fiscal period to calculate net income (bénéfice net) or net loss (perte nette). It is a dynamic statement, unlike the static Bilan (Balance Sheet).
