{"id":48789,"date":"2024-04-15T22:46:21","date_gmt":"2024-04-15T22:46:21","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=48789"},"modified":"2024-04-15T22:46:21","modified_gmt":"2024-04-15T22:46:21","slug":"earned-net-profit-non-activity-and-non-fund-expenses-are-equal-to","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/earned-net-profit-non-activity-and-non-fund-expenses-are-equal-to\/","title":{"rendered":"Earned net profit + Non activity and non-fund expenses are equal to"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Use of fund&#8221; option2=&#8221;Fund from activities&#8221; option3=&#8221;Sinking fund&#8221; option4=&#8221;Means of fund&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is <strong>A. Use of fund<\/strong>.<\/p>\n<p>Earned net profit is the amount of money that a company makes after all of its expenses have been paid. Non-activity and non-fund expenses are expenses that are not directly related to the company&#8217;s core business activities. These expenses can include things like interest payments, taxes, and depreciation.<\/p>\n<p>The use of fund is the amount of money that a company spends on its operations. This includes things like the cost of goods sold, salaries, and marketing expenses. The use of fund is equal to the earned net profit plus the non-activity and non-fund expenses.<\/p>\n<p>The other options are incorrect because:<\/p>\n<ul>\n<li><strong>B. Fund from activities<\/strong> is the amount of money that a company raises from its operations. This includes things like sales revenue, interest income, and dividend income.<\/li>\n<li><strong>C. Sinking fund<\/strong> is a fund that is set aside to pay off a debt or to make a large purchase.<\/li>\n<li><strong>D. Means of fund<\/strong> is a term that is used to describe the sources of a company&#8217;s funding. These sources can include debt, equity, and retained earnings.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Use of fund&#8221; option2=&#8221;Fund from activities&#8221; option3=&#8221;Sinking fund&#8221; option4=&#8221;Means of fund&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-48789","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Earned net profit + Non activity and non-fund expenses are equal to<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/earned-net-profit-non-activity-and-non-fund-expenses-are-equal-to\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earned net profit + Non activity and non-fund expenses are equal to\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Use of fund&#8221; 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