The difference between a departments gross profit and its operating expenses is called (a) departmental gross profit.

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The difference between a department’s gross profit and its operating expenses is called

(a) departmental gross profit.

(b) departmental direct operating margin.

(c) departmental operating income.

(d) net income.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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