The Difference Between Gross Profit and Operating Expenses Is _____

question 45

Multiple Choice

The difference between gross profit and operating expenses is _____.

• A)net income
• B)gross income
• C)profit
• D)cost of goods sold

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Definitions:

Eyewitness

A person who has seen something happen and can give a first-hand description of it.

Eyewitnesses

Individuals who have directly observed an event and can provide first-hand testimony or information about it.

Lay Witnesses

Individuals who provide testimony in a legal proceeding about what they have directly observed or experienced, without expert status.

Expert Witnesses

Individuals with specialized knowledge or expertise who are called to testify in court to aid in understanding complex issues.