Answer:
The only term that refers to money left over after all expenses have been paid is net profit.
Option (1) is true.
Step-by-step explanation:
Net profit is the amount of money a company or individual has left over after all expenses have been paid.
It is calculated by subtracting total expenses from total revenue.
Net profit is often referred to as the "bottom line" of a company's financial statements because it is the ultimate measure of profitability.
Gross income is the total amount of money a company or individual earns before any expenses are deducted.
It includes revenue from all sources, such as sales, interest, and dividends.
Operating cost is the expense of running a business.
It includes costs such as salaries, rent, and utilities.
Net revenue is the total amount of money a company earns from its core business operations.
It is calculated by subtracting the cost of goods sold from gross revenue.
Therefore,
Option (1) is true.