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Which of the following explains how revenue is determined?

  • Question 1b of 10 - Profit

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following explains how revenue is determined?
  • Answers:
  1. The maximum level of benefits is figured.
  2. Costs are subtracted from revenues.
  3. Gross domestic product is calculated.
  4. The total amount of money brought in by sales. Correct! Revenue is the amount of money a business brings in.

The correct answer is: The total amount of money brought in by sales. Revenue is the amount of money a business brings in.

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