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Over what time period is profit measured?
A
Only when customers have paid all their invoices.
B
Over a period of time, such as a month or a year.
C
From the date the business opens until it permanently closes.
D
At one exact moment, such as the end of a trading day.
Card 1 of 23
1.3.3b The difference between cash and profit Flashcards
23 flashcards on Edexcel GCSE Business 1.3.3b The difference between cash and profit: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.