Profit
A)Is the difference between total revenue and total cost.
B)Is the difference between variable costs and fixed costs.
C)Is always a number greater than zero.
D)Must be reported to Wall Street quarterly.

Question

Quizplus · Accepted Answer

Profit is the difference between total revenue and total cost. It represents the amount of money a business earns after all expenses are deducted. It may be positive or negative, depending on the amount of revenue and cost. Profit is an important measure of a business's success and is typically monitored closely by owners, investors, and analysts.