Examlex
Which of the following statements about global variables is true?
Revenue
An amount earned by performing services for customers or selling goods to customers; it can be in the form of cash or accounts receivable. A subdivision of owner’s equity: As revenue increases, owner’s equity increases.
Breakfast Department
A specific business unit within a hospitality organization that is responsible for managing and operating the breakfast service.
Cost Center
is a segment of a business that does not directly generate revenue but incurs costs, like a human resources department.
Generates Revenues
The process through which a business earns income from its normal operations, typically through the sale of goods and services.
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