Accountants Think of Profits As

question 32

Multiple Choice

Accountants think of profits as:

• A)the overall sales of a company in comparison with its top competitor.
• B)the difference between a firm's revenues and the expenses incurred in generating them.
• C)the value of the products or services sold during a financial year.
• D)the difference between the capital and revenue obtained through selling stocks.

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Definitions:

Smooth

Characteristic of muscles that perform involuntary movements, found in the walls of internal organs.

Arms

Upper limbs of the human body, extending from the shoulders to the hands, used for grasping and manipulation.

Ascending Pathway

Neural paths that transmit sensory information from the body to the brain.

Secondary Neuron

A neuron that receives a synaptic input from primary neurons and transmits the signal to other neurons or muscles.