Operating Income Equals Gross Profit Minus Operating Expenses

question 43

True/False

Operating income equals gross profit minus operating expenses.

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Definitions:

Mitosis

A process of cell division that results in two genetically identical daughter cells from a single parent cell.

Ovum

A female reproductive cell, or egg, that when fertilized by a sperm, can develop into a new organism.

Sperm

The male reproductive cell or gamete, which is capable of fertilizing a female's ovum to produce offspring.

Cell

The smallest structural and functional unit of an organism, typically microscopic and consisting of cytoplasm and a nucleus enclosed in a membrane.