Operating Expenses Are Subtracted from Fees Earned for a Service

question 46

True/False

Operating expenses are subtracted from fees earned for a service business and from gross profit for a merchandising business.

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Definitions:

Action Potentials

Rapid and temporary electrical impulses in neurons or muscle cells that allow communication over long distances within the body.

Chemical Synapses

Junctions between neurons where neurotransmitters are released to transmit signals across the synaptic gap.

Neurotransmitter

Chemical substances produced in the nervous system that allow for the transmission of signals between neurons across synapses.

Presynaptic Terminal

The presynaptic terminal is the end point of a neuron where neurotransmitters are stored before being released across the synapse to signal the next neuron.