Identify Activity Bases For a major university, select the activity base most appropriate for each cost listed below. An activity base may be used more than once or not used at all. Cost: Activity Base: 1.  Instructor salaries   2.  Admissions office salaries   3.  Student records office salaries   4.  Financial aid office salaries   5.  Housing personnel wages   6.  Office supplies

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Q: financial and nonfinancial measures

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Income Statement

Income Statement also commonly called a profit and loss statement, one of the key financial statements (considered together with balance sheet and cash flow statement) which shows the revenues and expenses, as well as the gains and losses of a company for a given period. In other words, it presents the financial performance/profitability of a business over a specified accounting period.