Explain the term 'residual profit'.

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 24, 2023 02:48 PM

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Explain the term 'residual profit'.

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Residual profit refers to the net income or earnings that remain after deducting all explicit and im...View the full answer

Cambridge International AS And A Level Accounting

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