Which of the following terms refers to the amount of revenue a firm receives for the sale of its products,minus its costs of production,as measured by its accountants?

Question

Quizplus · Accepted Answer

Earnings refer to the amount of revenue a firm receives for the sale of its products, minus its costs of production, as measured by its accountants. This term is often used interchangeably with "profits."

Which of the Following Terms Refers to the Amount of Revenue