The excess of gross profit over operating expenses is called operating profit True False

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 22MC: The measurement of earnings concept that consists of a companys profit from operations after taxed...
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The excess of gross profit over operating expenses is called operating profit True False
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