BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Monetary value of the services delivered to our customers, which we can bill and collect
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Monetary value of the services that are sold to a customer
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The amount of money you have in the bank
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COR-ADRC = Revenue
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Detailed explanation-1: -Revenue is the total amount of income generated by the sale of goods or services related to the company’s primary operations. Revenue, also known as gross sales, is often referred to as the “top line” because it sits at the top of the income statement. Income, or net income, is a company’s total earnings or profit.
Detailed explanation-2: -Revenue is the money earned by a company obtained primarily from the sale of its products or services to customers.
Detailed explanation-3: -Revenue meaning is the total amount of money that is produced by selling the goods or services to the customers. Revenue is shown at the top of the income statement of a company.
Detailed explanation-4: -The basic revenue definition is the total amount of money brought in by a company’s operations, measured over a set amount of time. A business’s revenue is its gross income before subtracting any expenses. Profits and total earnings define revenue-it is the financial gain through sales and/or services rendered.