Profit Refers to

question 266

Multiple Choice

Profit refers to

• A) the point at which a company's assets equal its liabilities plus shareholder equity.
• B) the difference between the list and final price of a product or service.
• C) the money earned when the economic order quantity is minimized.
• D) the money left over after a business firm's total expenses are subtracted from its total revenues.
• E) the total amount of revenue accrued through product sales or service distribution.

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Definitions:

Frequency Rate

A metric often used in health and safety to quantify the number of accidents or incidents within a given period relative to the total number of hours worked.

Work-Related Injuries

Injuries or illnesses that occur as a result of actions undertaken in the performance of a job or while on the job.

Occupational Accidents

Unplanned events at work that result in injury, disease, or death.

Job Security

The probability that an individual will retain their job without the risk of becoming unemployed.