Deleting a Section Break Does Not Delete the Section Formatting

question 52

True/False

Deleting a section break does not delete the section formatting.

---

Definitions:

Operating Income

The profit earned from a firm's regular core business operations, excluding deductions of interest and tax.

Operating Expenses

Costs incurred in the normal operations of a business, such as salaries, utilities, and rent, exclusive of cost of goods sold.

Revenue Recognition

Revenue Recognition is the accounting principle that dictates the specific conditions under which income becomes recognized as revenue.