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Operating Expenses Are Subtracted from Revenue for a Service Company

question 95

True/False

Operating expenses are subtracted from revenue for a service company and from gross profit for a merchandising company.


Definitions:

Video Editing Software

A program used to manipulate video images, allowing the user to edit and modify video clips in various ways.

Bitmap Graphics

A type of image made up of pixels, where each pixel represents a color, used in digital imaging.

Vector Graphics

Images created using paths or strokes instead of pixels, which allows them to be scaled without losing quality.

Pixel

The smallest unit of a digital image or display, representing a single point of color.

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