Question
Excess of sales over cost of goods sold in an accounting period is termed as:
Answer: Option B
:
B
Excess of sales over cost of goods sold in an accounting period is termed as Gross Profit.
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:
B
Excess of sales over cost of goods sold in an accounting period is termed as Gross Profit.
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More Questions on This Topic :
Question 7. Gross profit less expenses is known as:....
Question 9. Gross profit is calculated as:....
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