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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 43: Fundamentals of Accounting: Objectives, Concepts, and Principles
  5. Question
    Income Is the Output of Excess or Deficiency of Revenue
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Income Is the Output of Excess or Deficiency of Revenue

Question 59

Question 59

Multiple Choice

Income is the output of excess or deficiency of revenue over related:


A) Expired Cost
B) Unexpired Cost
C) Sunk Cost
D) none

Correct Answer:

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