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    Financial Accounting Study Set 21
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    Exam 4: Revenue Recognition and the Statement of Income
  5. Question
    The Difference Between Gross Profit and the Company's Operating Expenses
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The Difference Between Gross Profit and the Company's Operating Expenses

Question 6

Question 6

Multiple Choice

The difference between gross profit and the company's operating expenses is


A) sales revenue.
B) gross profit.
C) operating income.
D) net income.

Correct Answer:

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