An operating loss occurs when
A)revenues exceed expenses.
B)expenses exceed revenues.
C)assets exceed liabilities.
D)liabilities exceed assets.
E)liabilities exceed owners equity.

Name: An operating loss occurs when A)revenues exceed expenses. B)expenses exceed revenues. C)assets exceed liabilities. D)liabilities exceed assets. E)liabilities exceed owners equity.
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Question

Quizplus · Accepted Answer

An operating loss occurs when a company's expenses exceed its revenues, resulting in a negative net income.

An Operating Loss Occurs When