Revenues refer to the total amount of money or value received by a company from its business activities, such as the sale of goods or services, before any expenses are subtracted. This is best described as the value of assets (which could be cash or other forms of assets) exchanged for goods or services provided to the customer.

Solved

Revenues Are

Question 113

Multiple Choice

Revenues are

A) profits
B) the amount a business earns after subtracting all expenses from sales
C) business events
D) net assets
E) the value of assets exchanged for goods or services provided to the customer

Correct Answer: