Revenues are
A) the cost of assets consumed during the period.
B) gross increases in stockholders' equity resulting from business activities.
C) the cost of services used during the period.
D) actual or expected cash outflows.

Question

Quizplus · Accepted Answer

Revenues are a gross increase in stockholders' equity resulting from business activities, such as the sale of goods or services. They represent the money a company earns from its operations before deducting expenses.

Revenues Are