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Net Income and Net Profit Do Not Mean the Same

question 141

True/False

Net income and net profit do not mean the same thing.


Definitions:

Hygroscopic

A property of substances to absorb moisture from the air.

DOT 3

A type of brake fluid that exceeds certain specifications for boiling point and composition, suitable for many vehicles.

DOT 4

A type of brake fluid designated by the Department of Transportation, having specific boiling point and composition standards for vehicle braking systems.

Pushrod

A component in certain engines that transfers motion from the camshaft to open and close the valves.

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