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    Business Essentials Study Set 2
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    Exam 14: The Role of Accountants and Accounting Information
  5. Question
    ________ Is Gross Profit Minus Operating Expenses
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________ Is Gross Profit Minus Operating Expenses

Question 32

Question 32

Multiple Choice

________ is gross profit minus operating expenses.


A) Operating income
B) Net income
C) Cash flow
D) Leverage

Correct Answer:

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