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    Business
  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 16: Financial Statements and Closing Entries
  5. Question
    Management Uses Gross Profit as a Measure for How Effectively
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Management Uses Gross Profit as a Measure for How Effectively

Question 18

Question 18

True/False

Management uses gross profit as a measure for how effectively the business is performing in its primary functions of buying and selling merchandise.

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