Net income means the same thing as net ________.
A)expenses
B)revenues
C)cash
D)profit

Name: Net income means the same thing as net ________. A)expenses B)revenues C)cash D)profit
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Net income is the amount of profit that remains after all expenses and taxes have been paid, so the correct term is "profit". Revenues are total income earned from sales or operations, cash is the physical currency or electronic funds available for use, and expenses refer to the costs incurred in running a business.

Net Income Means the Same Thing as Net ________