The Formula That Calculates the Gross Profit or Loss for a Month

question 55

Multiple Choice

The formula that calculates the gross profit or loss for a month uses ________.

• A)fixed costs minus variable costs
• B)expenses minus sales
• C)sales minus expenses
• D)variable costs minus fixed costs

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Definitions:

Emotion

A complex psychological state that involves an experiential, physiological, and behavioral response to a stimulus.

Leadership Ability

The capacity or skill to guide, influence, or direct a group towards achieving set goals.

Group Cohesiveness

The extent to which members of a group are bonded together and committed to staying in the group.

Open Discussion

A conversation or dialogue that encourages the free and open exchange of ideas, thoughts, and opinions without restrictions.