Examlex
Which of the following items is not recognized as revenue by a governmental unit?
Profits
The financial gain obtained when the revenue from business activities exceeds expenses, costs, and taxes.
Retained Earnings
The portion of net income that is kept within a company rather than distributed to shareholders as dividends.
Stock Market
A marketplace where securities such as stocks and bonds are bought and sold, providing companies with access to capital and investors with a slice of ownership in companies and potential income.
Government Bonds
Debt securities issued by a government to support government spending and obligations, typically offering a fixed rate of return over a certain period.
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