Which of the Following Expressions Is INCORRECT

question 119

Multiple Choice

Which of the following expressions is INCORRECT?

• A) Gross profit - operating expenses = profit.
• B) Sales - cost of goods sold - operating expenses = profit.
• C) Profit + operating expenses = gross profit.
• D) Operating expenses - cost of goods sold = gross profit.

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Definitions:

Autobiographical Memories

Remembered events and experiences that are personal, and form a narrative about one's life.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.

Procedural Memory

A type of long-term memory that enables people to perform tasks without conscious awareness of the learning process, such as riding a bike or typing on a keyboard.

Semantic Memory

A component of long-term memory that processes ideas and concepts that are not drawn from personal experience.