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The Most Obvious Way to Convey the Meaning of an Unfamiliar

question 15

True/False

The most obvious way to convey the meaning of an unfamiliar term is to state the meaning directly or to rephrase the term in different words.


Definitions:

Original Investment

The initial amount of money used to purchase an asset, start a business venture, or invest in a financial instrument.

Operating Business

An active entity engaged in commercial, industrial, or professional activities to generate profit.

Gross Profit

Gross Profit is the financial gain obtained after deducting the cost of goods sold from the total revenue, indicating the efficiency of a company's core business activities.

Net Profit

The amount of money that remains from revenues after all operating expenses, taxes, and interest have been subtracted.

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