Which of the Following Statements Is True of Profit in a Business

question 77

Multiple Choice

Which of the following statements is true of profit in a business?

• A) It is the difference in the number of customers served between two financial years.
• B) It is the financial reward that comes from starting and running a business.
• C) It is the difference between the stock at the start and end of an inventory reporting period.
• D) It is estimated by calculating the total interest amount due when a business has availed multiple loans.

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Definitions:

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An influential American singer-songwriter known for his impactful lyrics and contributions to folk, rock, and blues music.