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Which of the Following Is a True Statement About Profit

Question 3

Multiple Choice

Which of the following is a true statement about profit in a business?


A) It is calculated by subtracting the cost of goods from the sales revenues of a business.
B) It is the financial reward that comes for starting and running a business.
C) It is the goodwill that an organization gains while running a business.
D) It is earned by every business all the time.

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