The company reported its annual ____ after closing all accounts.

• A. Income
• B. Indigenous
• C. Indicate
• D. Index

Answer: (A)

This item tests knowledge of vocabulary in a financial reporting context. When a company closes all accounts, it finalizes its yearly results and reports the earnings for that year. The word that fits best is a noun meaning money earned during the year, so “income” works naturally in the phrase “annual income.” The other options don’t fit the meaning or grammar: Indigenous is an adjective meaning native, Indicate is a verb, and Index refers to a measure or list, not earnings. So the sentence reads smoothly as “The company reported its annual income after closing all accounts.”