The Income Statement reflects the results of which activities of an enterprise?

Operational activities

The correct answer is option 4- Operational activities.

The financial statements being primarily inclusive of Position Statement (showing the financial position of an enterprise as on a particular date) and Income Statement (showing the result of the operational activities of an enterprise over a particular period).

An income statement, also known as a profit and loss statement (P&L), is one of the financial statements that companies prepare to summarize their financial performance over a specific period. The income statement shows the revenues, expenses, gains, and losses incurred by a company during the reporting period.