Profit refers to the money the company brings in through the sale of goods and services

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: Profit is the amount of money left over after expenses–all the costs involved in doing business–have been deducted from revenue.

Business

You might also like to view...

Which of the following Kano Model requirements suggests that customer satisfaction is proportional to the level of fulfillment?

A) must-be requirements B) one-dimensional requirements C) attractive requirements D) indifferent requirements

Business

Which of the following forces is a catalyst to unethical behavior choices in the workplace?

A) Management pressure B) Organizational culture C) Individual greed D) All of the above

Business