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What is Profit & Loss (P & L) Management?

What is Profit & Loss (P & L) Management ?

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Question added by Mandar Nayak , General Manager-P & L Management , Lambda Engineering Industries LLC
Date Posted: 2017/05/19
Mandar Nayak
by Mandar Nayak , General Manager-P & L Management , Lambda Engineering Industries LLC

Profit and loss management is managing income (incoming money) and expenses (outgoing money) to ensure that a business earns a net operating profit. Usually, profit and loss management deals with profit and loss reports (commonly called P&L reports)

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