Start studying Ch 3 Test - Business Income and Expenses, Part 1. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Nov 28, · The second part will focus on Extra Expense. Business Income, also referred to as Business Interruption, is a property coverage that pays for the actual loss of business income (net income and normal continuing operating expenses) that your business sustains due to suspension of operations as a result of a covered loss. View Multiple Choice Solutions - CH 3(1) from ACCOUNTING at University of Maryland. Solutions for Questions and Problems Chapter 3 CHAPTER 3 BUSINESS INCOME AND EXPENSES, PART I 67%(3).
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