Which of the Following Best Describes Operating Revenues

question 9

Multiple Choice

Which of the following best describes operating revenues?

• A)They are increases in assets or increases in liabilities as a result of peripheral transactions.
• B)They are decreases in assets or decreases in liabilities as a result of central ongoing operations.
• C)They are increases in assets or decreases in liabilities as a result of central ongoing operations.
• D)They are decreases in assets or increases in liabilities as a result of peripheral transactions.