What term describes profit defined as sales revenue minus total costs?

• A. Profit
• B. Sales Revenue
• C. Total Costs
• D. Brand

Answer: (A)

Profit is the money left after selling goods or services and paying all costs. When you subtract total costs from sales revenue, you’re calculating net profit—the bottom-line figure that shows how well the business is earning money. This is distinct from sales revenue (the income from sales) or total costs (the money spent), or brand (which is not a financial measure). So the term described is Profit.