Multiple Choice Questions on Net income Income ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Net income Income ........

General Accounting Principles Introduction to Accounting
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    Net income = Income -...................

    profit

    Incorrect Answer

    losses

    Incorrect Answer

    expenses

    Correct Answer

    revenue

    Incorrect Answer
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    Explanation:

    For a business, net income is the amount of revenue left after subtracting all expenses, taxes and costs.

    Net income = Income - expenses

    By: SWAPNIL AGGARWAL
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    Megha

    Sirr income -exp not +

    0 0 reply

    Pushpankar

    Income - expenses??

    0 0 reply
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