The Four Elements of Revenue Are

question 65

Multiple Choice

The four elements of revenue are:

• A)customers, frequency, selling process, price
• B)profit, sales, employees, selling process
• C)selling process, price, employees, profit
• D)customers, revenue streams, frequency, price

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Definitions:

Depreciated Straight-Line

A method of allocating the cost of a tangible asset over its useful life, resulting in a consistent expense amount each period.

Pre-tax Salvage Value

The estimated value of an asset at the end of its useful life before taxes are taken into account.

Variable Costs

Expenses that change in direct proportion to the amount of goods or services produced, including costs for labor and materials.

Net Cash Inflow

The difference between a company's cash inflows and outflows over a specific period, indicating net cash earned.