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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 6: Presentation of Financial Performance and the Worksheet
  5. Question
    The Net Profit Figure Is Often Referred to as the 'Bottom
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The Net Profit Figure Is Often Referred to as the 'Bottom

Question 42

Question 42

True/False

The net profit figure is often referred to as the 'bottom line' and is the residual of income after deducting expenses for the period.

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