The Difference Between the Revenue That a Company Brings in from Selling

question 31

Multiple Choice

The difference between the revenue that a company brings in from selling goods and services and the cost of generating this revenue is called _____.

• A) gross margin
• B) accounts receivable
• C) cost of goods sold
• D) profit

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Definitions:

Disciplined

Exhibiting self-control and a commitment to following rules or a strict regime, often in the pursuit of a goal or maintaining order.

Responsible

Having an obligation to do something, or having control over or care for someone, as part of one's job or role.

Creative

Possessing the ability or skill to create new and original ideas, products, or solutions.

Supportive

Providing assistance, encouragement, or comfort, often during times of need or stress.