Which of the Following Expressions Is Incorrect

question 211

Multiple Choice

Which of the following expressions is incorrect?

• A) Gross profit - operating expenses = net income
• B) Sales - 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:

Deposit Ticket

A document accompanying a bank deposit, listing the amount and items being deposited, such as cash and checks.

Applied Training

An opportunity to work in a medical facility to gain the essential on-the-job experience for beginning your new career, sometimes known as an externship or practicum.

Preceptor

is an experienced practitioner or faculty member who supervises and offers guidance to students or less experienced professionals in a specific field.

Constructive Criticism

A type of critique aimed at giving an individual feedback about his or her performance in order to improve that performance.