A relevant revenue is revenue that is a(n) ________.
A) past revenue and differs among alternative courses of action
B) future revenue and differs among alternative courses of action
C) in-hand revenue
D) earned revenue

Question

Quizplus · Accepted Answer

A relevant revenue is a future revenue that will differ among alternative courses of action. It is important in decision making as it helps in determining which option will generate the greatest benefit in terms of revenue. Past revenue (option A) is not relevant as it cannot be changed, and in-hand revenue (option C) and earned revenue (option D) are not necessarily relevant in decision making as they do not represent potential future outcomes.

A Relevant Revenue Is Revenue That Is A(n) ________