The book states that revenue and costs are mutually interdependent. Without costs, no revenue and without revenue, no ability to cover costs.

Question

Quizplus · Accepted Answer

This statement is true. Revenue and costs are two sides of the same coin in business. Without incurring costs, there can be no revenue, and without generating revenue, a business cannot cover its costs or be sustainable in the long term.

The Book States That Revenue and Costs Are Mutually Interdependent