Subtracting the Purchase of Intermediate Products from the Value of the Sales

question 78

Multiple Choice

Subtracting the purchase of intermediate products from the value of the sales of final products determines the amount of:

• A)net investment for a business.
• B)profit and cost.
• C)value added from the economic activity.
• D)surplus or deficit from the economic activity.

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Definitions:

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A corporate secretary is an officer of a company responsible for ensuring compliance with statutory and regulatory requirements and implementing decisions made by the board of directors.

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