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      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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