Which of the Following Expressions Is incorrect

question 18

Multiple Choice

Which of the following expressions is incorrect?

• A)Gross profit - Operating expenses = Net income
• B)Sales revenue - Cost of goods sold - Operating expenses = Net income
• C)Net income + Operating expenses = Gross profit
• D)Operating expenses - Cost of goods sold = Gross profit

---

Definitions:

Distributive Negotiations

A negotiation strategy where parties view the available resources as fixed and limited, leading to a competitive scenario where each aims to secure the largest share.

Cooperative

Refers to a scenario or action in which individuals or organizations work together towards a common goal or benefit.

Commitment Statement

A declaration or promise to engage in a specific action or uphold a particular stance or policy.

Specificity

Specificity in negotiations involves being clear and precise about demands, needs, or terms within the negotiation process.