Which financial document provides a summary of the establishment's profitability during a certain time period?

• A. Incentive
• B. Income Statement
• C. Information meeting
• D. Interpersonal communication

Answer: (B)

Profitability over a specific time frame is shown in a financial document that lists all revenues and expenses to reveal net income. The income statement, also called a profit and loss statement, summarizes everything earned and spent during the period, resulting in either net income or net loss. This makes it the best choice for understanding how profitable the establishment was in that time period. In hospitality, this helps managers gauge performance across weeks, months, or quarters and compare trends over time.

Other options don’t fit because an incentive is a rewards program, an information meeting is used to share updates, and interpersonal communication refers to the exchange of messages between people.