All of the Following Are Included in Operating Profit Except

question 2

Multiple Choice

All of the following are included in operating profit except [blank].

• A)cost of goods sold
• B)sales
• C)taxes
• D)operating expenses

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Definitions:

British America

Territories in the Americas that were part of the British Empire before gaining independence or being transferred to other countries.

British Empire

A global empire composed of dominions, colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom between the 16th and early 20th centuries.

1700 to 1763

A historical period marked by colonial expansion, economic changes, and the buildup to the American Revolutionary War.

Enlightenment

An intellectual and philosophical movement in the 17th and 18th centuries emphasizing reason, individualism, and skepticism towards traditional societal structures.