Multiple Choice
Which of the following statements is true of profit in a business?
A) It is the difference in the number of customers served between two financial years.
B) It is the financial reward that comes from starting and running a business.
C) It is the difference between the stock at the start and end of an inventory reporting period.
D) It is estimated by calculating the total interest amount due when a business has availed multiple loans.
Correct Answer:
Verified
Correct Answer:
Verified
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