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Management · Q210

Management Accounting

Graduate and Post Graduate · Management · question 210

Q210

Sum of all resources used to generate income is classified as

A.
DuPont investment
B.
return on investment
C.
investment
Answer
D.
investment turnover

Answer: Option C

Solution

Answer: Option C
Solution:
Sum of all resources used to generate income is classified as investment. An investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.