When total expenses exceed total revenues, the result is a:
A)net profit.
B)net loss.
C)dividend.
D)net earnings.

Name: When total expenses exceed total revenues, the result is a: A)net profit. B)net loss. C)dividend. D)net earnings.
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Question

Quizplus · Accepted Answer

When total expenses exceed total revenues, it means that the business has earned less than it has spent, resulting in a net loss. Net profit, dividend, and net earnings all refer to situations where total revenues exceed total expenses.

When Total Expenses Exceed Total Revenues, the Result Is A