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Revenue from operations less cost of revenue from operations is called ______. - Accounts

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Question

Revenue from operations less cost of revenue from operations is called ______.

Options

  • Net profit

  • Operating profit

  • Gross profit

  • Total profit

MCQ
Fill in the Blanks
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Solution

Revenue from operations less cost of revenue from operations is called gross profit.

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Chapter 11: Tools for Financial Analysis : Comparative Statements - OBJECTIVE TYPE QUESTIONS [Page 11.45]

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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. 22. | Page 11.45
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