In Which of the Following Revenue Models Does a Web

question 69

Multiple Choice

In which of the following revenue models does a Web site charge a fee for access to some or all of its offerings on a continual, regular basis?

• A) subscription
• B) free/freemium
• C) transaction fee
• D) sales

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Definitions:

Revenue and Expense Account

Accounts in the general ledger that track the income earned and expenses incurred by a business during a given period, critical for determining net income.

Advertising Expense

Costs incurred in promoting products or services, typically considered operating expenses.

Period Cost

Expenses that are incurred during a specific time period but are not directly tied to the manufacturing process, such as selling, general, and administrative expenses.

Owners' Equity

The residual interest in the assets of a company after deducting liabilities, representing the owners' claim on the business.