The Primary Difference Between Revenues and Gains Is

question 5

Multiple Choice

The primary difference between revenues and gains is:

• A)Gains are increases in net assets from periodically selling assets (other than inventory),while revenues are increases from major or central ongoing operations of a business.
• B)Revenues increase operating income and gains have no impact on net income.
• C)Revenues cause increases in net assets as a result of infrequent activities and gains cause increases through ongoing activities.
• D)Gains result in an increase in operating income whereas revenues do not impact operating income.

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Definitions:

Equal Employment Opportunity

The principle that all individuals should have equal access to work opportunities, free from discrimination.

NIOSH Standards

Guidelines and recommendations issued by the National Institute for Occupational Safety and Health for preventing workplace injuries and illnesses.

General-Duty Clause

A provision that requires employers to provide a workplace free from recognized hazards that could cause harm to employees.

Americans With Disabilities Act

A legal statute that forbids the unequal treatment of people with disabilities, covering various public sectors like employment, education, transit, and both public and private venues accessible to the public.