Revenue is equal to the cash received by a company during an accounting period.

Name: Revenue is equal to the cash received by a company during an accounting period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Revenue refers to the total amount of money earned from the sale of goods or services before any expenses are subtracted, and it does not necessarily equate to the cash received during an accounting period due to accrual accounting principles.

Revenue Is Equal to the Cash Received by a Company