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Amount left after deducting gross profit from revenue from operations is generally ______. - Accounts

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Question

Amount left after deducting gross profit from revenue from operations is generally ______.

Options

  • Cost of revenue from operations

  • Material consumed

  • Opening inventory + Purchases − Closing inventory

  • All of the above

MCQ
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Solution

Amount left after deducting gross profit from revenue from operations is generally cost of revenue from operations.

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Chapter 11: Tools for Financial Analysis : Comparative Statements - OBJECTIVE TYPE QUESTIONS [Page 11.46]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 11 Tools for Financial Analysis : Comparative Statements
OBJECTIVE TYPE QUESTIONS | Q A. 29. | Page 11.46
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