MANAGEMENT

Detailed explanation-1: -Revenue meaning is the money that is produced by carrying out normal business operations and is calculated by multiplying the average sales price by the number of items sold. It is the total sum of money from which other costs and expenses are subtracted to calculate net income.

Detailed explanation-2: -Revenue is money brought into a company by its business activities. There are different ways to calculate revenue, depending on the accounting method employed. Accrual accounting will include sales made on credit as revenue for goods or services delivered to the customer.

Detailed explanation-3: -: the total income produced by a given source.

Detailed explanation-4: -Revenue refers to the total earnings a company generates through its core operations like sales of products or services, rents on a property, recurring payments, interest on borrowings, etc. Revenue calculations come before removing any expenses, such as discounts and returns.