Question

Management Accounting Reading Quiz

QUESTION 3 of 10: A synonym of Net Profit is:
a) Net Income
b) Net Sales
c) Not Revenue
Od) Net Assets

Answer 1

A synonym of Net Profit is Net Income.

Step-by-step explanation:

A synonym of Net Profit is Net Income. Net profit refers to the amount of revenue left after deducting all expenses, taxes, and interest from a company's total revenue. It represents the profit earned by a company for a specific period of time and is an important financial metric for evaluating the profitability of a business.

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