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The difference between the cost of goods sold and the sales value is known as ____________
Classroom
Commerce Classroom
Post Utme
Post Utme 0
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The difference between the cost of goods sold and the sales value is known as ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Net profit
B
Net loss
C
Gross profit or loss
D
Surplus
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
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