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  2. Topic
    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 6: Presentation of Financial Performance and the Worksheet
  5. Question
    Using the Equation Income - Expenses = Profit, What Could
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Using the Equation Income - Expenses = Profit, What Could

Question 11

Question 11

Multiple Choice

Using the equation Income - Expenses = Profit, what could cause an increase in profit?


A) An increase in income
B) An increase in income and decreases in expenses
C) A decrease in expenses
D) Any of the above

Correct Answer:

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