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Net profit is obtained by deducting ______ from gross profit. - Accounts

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Question

Net profit is obtained by deducting ______ from gross profit.

Options

  • Operating expenses

  • Non-operating exp.

  • Operating and Non-operating exp.

  • None of the above

MCQ
Fill in the Blanks
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Solution

Net profit is obtained by deducting operating and non-operating exp. from gross profit.

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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. 28. | Page 11.46
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