What Is the Amount of Gross Profit

question 39

Multiple Choice

What is the amount of Gross Profit?

• A) $94,200
• B) $98,700
• C) $105,000
• D) $32,700

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Definitions:

Henri Fayol

A French engineer and management theorist renowned for developing a general theory of business administration and identifying the five primary functions of management.

Centralisation

The process of consolidating control and decision-making authority at the upper levels of an organization or government.

Espirit de Corps

A feeling of pride, fellowship, and loyalty shared by members within a group or organization.

Mary Parker Follett

An early 20th-century social worker and management consultant known for her theories on democratic organization and the power of collective action.