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    Financial Accounting Study Set 8
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    Exam 1: The Financial Statements
  5. Question
    When Total Expenses Exceed Total Revenues,the Result Is
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When Total Expenses Exceed Total Revenues,the Result Is

Question 111

Question 111

Multiple Choice

When total expenses exceed total revenues,the result is:


A) a net profit.
B) a net loss.
C) a dividend.
D) excess cash.

Correct Answer:

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