An organization's objectives regarding profits are generally stated in terms of:
A)the unlimited liability it has.
B)the money and assets left over after paying off business expenses.
C)its ability to promote diversity.
D)the time taken to release new products in the marketplace.
E)its ability to evaluate opportunity costs.

Question

Quizplus · Accepted Answer

The correct answer is B because an organization's objectives regarding profits are typically focused on the money and assets that remain after all business expenses have been paid. This is the fundamental definition of profit in a business context.

An Organization's Objectives Regarding Profits Are Generally Stated in Terms