What Refers to the Amount Earned Resulting from the Delivery

question 22

Multiple Choice

What refers to the amount earned resulting from the delivery or manufacture of a product or from the rendering of a service?

• A) Expense
• B) Profit
• C) Loss
• D) Revenue

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders, and it has its own rights, privileges, and liabilities independent of the owners.

Modular Homebuilder

A company that specializes in constructing homes that are primarily built off-site, in sections, and then assembled on-site.

Manufacturing Business

A company engaged in the processing of raw materials into finished products through the use of labor, machinery, and equipment.

Hospital

A medical facility that offers patient care through specialized healthcare professionals and advanced medical machinery.