Multiple Choice Questions on Net loss occurs when ........ for UPSC EPFO Exam Preparation

Back to Main Page

Multiple Choice Questions

Net loss occurs when ........

General Accounting Principles Company Final Accounts
    Download Solution PDF

    Net loss occurs when 

    Expenses are greater than income 

    Correct Answer

    Expenses are less than income 

    Incorrect Answer

    Expenses = Income 

    Incorrect Answer

    Liabilities are greater than income 

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Company Final Accounts
    Prepare through Micro-courses
    Try Now
    Explanation:

    Net loss occurs when Expenses are greater than income. A net loss, sometimes referred to as a net operating loss (NOL), occurs when expenses exceed the income or total revenue produced for a given period of time.

    By: DATTA DINKAR CHAVAN
    ProfileResources

    Let's Discuss

    Master
    Company Final Accounts
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free