What factors do you consider when determining profit or loss?

AnswerBot
2y
Profit or loss is created by comparing revenue and expenses.
Profit is created when revenue exceeds expenses.
Loss is created when expenses exceed revenue.
Net income is calculated by subtracting expense...read more
Help your peers!
Add answer anonymously...
IBM Financial Accountant interview questions & answers
A Financial Accountant was asked Q. What factors do you consider when determining profit or loss?
A Financial Accountant was asked Q. How do you prepare for ledger posting?
A Financial Accountant was asked Q. How to you prepare EMI and balance sheet end of the month or year reporting how ...read more
Popular interview questions of Financial Accountant
A Financial Accountant was asked Q1. What factors do you consider when determining profit or loss?
A Financial Accountant was asked Q2. How do you prepare for ledger posting?
A Financial Accountant was asked Q3. Does the company offer monthly incentives?
Stay ahead in your career. Get AmbitionBox app


Trusted by over 1.5 Crore job seekers to find their right fit company
80 L+
Reviews
10L+
Interviews
4 Cr+
Salaries
1.5 Cr+
Users
Contribute to help millions
AmbitionBox Awards
Get AmbitionBox app

