The total amount of money a business takes in during a giver period by selling goods and services is called:
A) Profit
B) Revenue
C) Loss
D) Retained earnings

Question

Quizplus · Accepted Answer

Revenue is the total amount of money a business takes in during a given period by selling goods and services. Profit is the amount that remains after all expenses have been subtracted from revenue, while loss is the opposite of profit - when expenses exceed revenue. Retained earnings is the portion of a company's profits that are kept for reinvestment in the business rather than being paid out as dividends to shareholders.

The Total Amount of Money a Business Takes in During