Which of the Following Will Cause Operating Revenues for a Transportation

question 37

Multiple Choice

Which of the following will cause operating revenues for a transportation firm to vary?

• A)Difference in rates
• B)Classification of traffic
• C)Volume of traffic carried
• D)Distance traffic is transported
• E)All of the answers are correct.

---

Definitions:

Stock of Other Companies

Securities representing partial ownership in other companies that can be held as investments by individuals or entities.

Cash Accounts

Cash accounts are financial accounts that keep track of cash transactions within an organization, including receipts, disbursements, and balances.

Adjusting Entry

An accounting entry made at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.

Reversing Entry

An entry, made at the beginning of the next accounting period that is the exact opposite of the adjusting entry made in the previous period.