Which of the Following Best Describes Operating Revenues

question 57

Multiple Choice

Which of the following best describes operating revenues?

• A) They are increases in assets or increases in liabilities as a result of peripheral transactions.
• B) They are decreases in assets or decreases in liabilities as a result of ongoing operations.
• C)They are increases in assets or decreases in liabilities as a result of ongoing operations.
• D)They are decreases in assets or increases in liabilities as a result of peripheral transactions.

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Definitions:

Narrow View

A limited perspective that does not consider all aspects or possibilities, often focusing tightly on a single point or idea.

Individual Behavior

Actions and conduct exhibited by a person, influenced by individual attitudes, personality traits, and perceptions.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a company at a specified price within a set time frame.

Granting Stock

The process by which a company offers shares of its stock to employees as part of their compensation package or as a reward.