The total amount of money that businesses take in over a given period of time for selling goods and services is called _________.
A)profit
B)revenue
C)retained earnings
D)loss

Question

Quizplus · Accepted Answer

Revenue is the total amount of money earned by a business through the sale of goods and services, before any expenses are deducted. Profit is the amount of money left over after all expenses have been deducted from revenue. Retained earnings are the portion of a company's profit that is kept within the business rather than distributed to shareholders. Loss is the negative result when a business's expenses exceed its revenue.

The Total Amount of Money That Businesses Take in Over