Examlex
Which of the following is an example of a detective control?
Economic Profit
The difference between the total revenue generated by a business and the total opportunity costs of all resources used.
Economic Profit
The difference between a firm's total revenue and its total costs, including both explicit and implicit costs, representing excess return over opportunity costs.
Rate of Return
The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.
Assets
Items of value owned by individuals, companies, or governments, including tangible items like real estate and equipment, and intangible items like patents and trademarks.
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