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    Exam 15: The Role of Accountants and Accounting Information
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    Which of the Following Terms Refers to the Difference Calculated
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Which of the Following Terms Refers to the Difference Calculated

Question 101

Question 101

Multiple Choice

Which of the following terms refers to the difference calculated by subtracting income taxes paid from the operating income of an organization?


A) gross revenue
B) net income
C) gross profit
D) cash flow
E) leverage

Correct Answer:

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