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the difference between a business's revenues and its expenses is known as __ . a. profit or loss b. surplus c. aggregate output d.

Soru

The difference between a business's revenues and its expenses is known as __ . A. profit or loss B. surplus C. aggregate output D. supply E. capital

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4.3 (290 Oylar)
Nazım
Uzman doğrulaması
Usta · 5 yıl öğretmeni

Cevap

'A'

Daha Fazla

## Step 1The question is asking for the term that describes the difference between a business's revenues and its expenses. This is a basic concept in business and accounting.## Step 2The difference between a business's revenues and its expenses is known as the net income or net loss. If the revenues exceed the expenses, the business has made a profit. If the expenses exceed the revenues, the business has made a loss.## Step 3The other options provided, such as surplus, aggregate output, supply, and capital, do not accurately describe the difference between a business's revenues and its expenses.