CMA Study Group

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  • 1.  Quick Question

    Posted 09-20-2017 04:04 PM
    The correct definition of economic profit is:
    The excess of equity over liabilities.
    The excess of revenues over the costs of land, labor, and capital.
    The excess net assets available to shareholders.
    The excess of revenues over expenses.


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    Srikanth Ganesh Babu
    GURGAON
    India
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  • 2.  RE: Quick Question

    Posted 09-21-2017 01:38 AM
    The excess of revenues over expenses.