Q
Pick out the wrong statement ?
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A
A. Gross revenue is that total amount of capital received as a result of the sale of goods or service
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B
B. Net revenue is the total profit remaining after deducting all costs excluding taxes
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C
C. The ratio of immediately available cash to the total current liabilities is known as the cash
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D
RatIo
Correct Answer:
B. B. Net revenue is the total profit remaining after deducting all costs excluding taxes