The amount of revenue recorded at the time of a sale will be greatest when the customer pays with a:
A)Check.
B)Cash.
C)Credit card.
D)The revenue will be the same amount for each of the payment methods.

Question

Quizplus · Accepted Answer

The revenue recorded at the time of a sale is based on the sale price of the goods or services sold, not on the method of payment. Therefore, whether the customer pays by check, cash, or credit card, the amount of revenue recorded at the time of the sale remains the same.

The Amount of Revenue Recorded at the Time of a Sale