Subtracting all expenses from revenues yields?
A) net profit / net loss
B) carrying value
C) long term assets
D) net liabilities
Correct Answer:
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Q1: Business finance includes........
A)procurement of funds and utilization
Q2: Funds are required for the..........
A)purchase of land
Q3: Which report gives a review on the
Q4: The term 'Financial Statement' covers
A)profit & loss
Q5: Which of the following is true about
Q7: Balance sheet of a company is required
Q8: As per Companies Act, the Balance Sheet
Q9: Which of the following is not required
Q10: According to prescribed order of assets in
Q11: Calls in Arrears appear in a Company's
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