Which of the Following Expressions Is Incorrect

question 211

Multiple Choice

Which of the following expressions is incorrect?

• A) Gross profit - operating expenses = net income
• B) Sales - cost of goods sold - operating expenses = net income
• C) Net income + operating expenses = gross profit
• D) Operating expenses - cost of goods sold = gross profit

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Definitions:

Institutional Racism

A form of racism embedded through laws and regulations within a society or organization.

Structural Inequalities

Systemic disparities in access to resources, opportunities, and rights experienced by different groups within a society, often based on race, gender, or socioeconomic status.

Color-Blindness

An ideology that advocates ignoring racial differences as a way to address racial discrimination, often critiqued for failing to acknowledge systemic inequalities.

Structural Inequalities

Systematic disparities in access to resources, opportunities, rights, and privileges across different social groups, perpetuated by established societal norms and structures.