Question

    Which of the following is

    correct?
    A a) Operating Profit = Gross Profit – General Expenses- Admin Expenses – Depreciation expenses (True) Correct Answer Incorrect Answer
    B b) Taxable income = Operating Profit – Interest Paid (True) Correct Answer Incorrect Answer
    C c) Income = Revenue – expenses (True) Correct Answer Incorrect Answer
    D d) All of these are correct Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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