Which of the Following Is the Difference Between Revenues and the Cost

question 17

Multiple Choice

Which of the following is the difference between revenues and the cost of revenues?

• A) Net income
• B) Gross profit
• C) Accounts payable
• D) Interest expense
• E) Cash flow

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Definitions:

Predetermined

Established or decided in advance, not occurring by chance or without prior planning.

Salvation

Within Christian doctrine, the liberation from sin and its resulting punishments is considered to occur through belief in Christ.

Huguenots

French Protestants in the 16th and 17th centuries who faced severe persecution from the Catholic majority, leading many to flee to other countries.

African Slaves

Individuals from Africa who were forcibly taken and transported to various parts of the world, especially the Americas, to work under slavery from the 16th to the 19th century.