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Questions
BUMJJTTM6S
Target Exam
CUET
Subject
Accountancy
Chapter
Admission of a Partner
Question:
The excess of actual profits over the normal profits are called?
Options:
Super Profits
Fixed Profits
Abnormal Profits
Normal Profits
Correct Answer:
Super Profits
Explanation:
The excess of actual profits over the normal profits is termed as super profits.
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