Which of the following relationships is/are false?

A: Net Profit = Gross Profit Administration and Other expenses

B: Net Profit = Gross Profit + Administration expenses and Other expenses

C: Opening Stock + Purchases Closing Stock = Cost of Sales

D: Both

E: and

Check Correct Option

Both and above

Faraz Ahmed

Faraz is a data-driven Cost Management Accountant who is buff of Commission’s related Knowledge, Accounting, Finance, English, and General Knowledge. Publishing MCQs is something that he holds high for sharing her expertise of which you can get the dividends here, through our site.

Which of the following relationships is/are false?

Leave a Comment Cancel Reply

Accounting MCQs