Gross Margin, Also Called Gross Profit, Is the Difference Between

question 125

True/False

Gross margin, also called gross profit, is the difference between sales and costs of goods sold.

---

Definitions:

Key Elements

The most important components or aspects that are necessary for understanding a concept or for the successful completion of a process.

Source

Refers to the origin or starting point of something, often used in the context of information, data, or materials.

Receiver

The individual or group who receives and interprets a message from the sender in the process of communication.

Noise

Is anything that interferes with the effectiveness of communication.