Subtraction of Total Operating Expenses from Sales Yields

question 4

Multiple Choice

Subtraction of total operating expenses from sales yields:

• A)net income.
• B)gross margin.
• C)operating profit.
• D)all of the above
• E)none of the above

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Definitions:

Retention

The ability to keep or hold information in memory over time.

Retrieval

The process of recalling information that has been previously learned or experienced from one's memory.

Recognition

The ability to identify a previously encountered stimulus.

Peg-word System

A mnemonic device that associates numbers with items that rhyme with or resemble the numbers to aid in memory.