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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:

Proto-Language

The hypothetical most recent common ancestor of a group of languages that formed from its dialects.

Innate Basis

An inherent or natural underlying foundation or tendency, often referring to abilities or instincts present from birth.

Grammar

The system of rules that determine how our thoughts can be expressed.

Egocentric Speech

Speech used by children, in which they talk about themselves and their perspective, often without regard for the listener's understanding or viewpoint.

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