Profit is the difference between revenue (money earned from sales or services) and costs (expenses incurred to produce that revenue). It is a measure of financial success for a business or organization. Option A refers only to revenue, option B refers to interest payments, and option D is not a relevant definition.

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Profit Is

Question 13

Multiple Choice

Profit is:

A) money collected from patients and insurance companies for health care services rendered.
B) the price paid when an individual or business borrows money.
C) revenue minus costs.
D) lacking during times of prosperity.

Correct Answer: