The Difference Between a Firm's Revenues and Expenses Is Called

question 95

Multiple Choice

The difference between a firm's revenues and expenses is called _________.

• A) net income
• B) cash flow
• C) gross margin
• D) paid-in-capital
• E) operating margin

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Definitions:

Self-Efficacy

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Law Of Effect

The principle that behaviour followed by pleasant consequences is likely to be repeated; behaviour followed by unpleasant consequences is not.

Behaviour

Refers to the actions or reactions of an object or organism, often in relation to the environment or stimuli.

Pleasant Outcomes

The positive results or benefits achieved from a specific action, decision, or event.