Which of the following income statement elements is an economic inflow that occurs from primary operations?
A) revenue
B) comprehensive income
C) gain
D) net income

Name: Which of the following income statement elements is an economic inflow that occurs from primary operations? A) revenue B) comprehensive income C) gain D) net income
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Question

Quizplus · Accepted Answer

Revenue is an economic inflow that results from the primary operations of a business, such as sales of goods or services.

Which of the Following Income Statement Elements Is an Economic