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overestimated. (: your welcome.... xD

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Teresa Hamill

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3y ago

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Is the profit earned by business usually overestimated or underestimated?

overestimated. (: your welcome.... xD


Is the profit earned by business usually overestimated or understinated?

The profit earned by a business can often be overestimated due to overly optimistic projections, selective reporting, or ignoring potential costs and risks. Conversely, it can also be underestimated when businesses adopt conservative accounting practices or fail to account for future growth opportunities. Ultimately, the accuracy of profit estimations depends on the methodologies used and the assumptions made by management. Regular financial reviews and audits can help provide a more accurate picture.


Distinguish between normal profit and abnormal profit?

Normal profit is the expected profit in a business. Abnormal profit comes from an unexpected source and is usually a unique instance.


Is profit the only business of business?

profit is not a business of business .But the business runs with a small inception of profit


What is the difference between an organisation and enterprise?

An organization is basically any collection of people, whether for profit or non profit. An enterprise is usually a business, for profit organization.


What were plantation owners usually paid?

A business owner is not paid a salary. He earns a profit.


Why is profit important for a business?

profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !


Why profit is needed to business?

why is profit requirment for a business?


What are the irrelevance of profit to a business organization?

There is mention of relevance of profit in regard to a business organization, but no mention of irrelevance of profit in business.


How do companies use estimating in their business?

Usually it is used to forcast what is needed to run the business, what the growth will be for the next quarter, and how to gadge profit and loss.


What are 3 motivations of a business?

Profit, profit and profit.


Is apple a profit or non-profit business?

profit.