alleryThe value of goods and services a business provides to customers over a period is its:
ARefund
BRevenue
CReserve
DRebate
Answer & Solution
Correct answer: B. Revenue
1. It measures what was delivered to customers, priced in money.
2. It is the inflow that makes the business more valuable.
3. That value is revenue.
_Source: OpenStax Principles of Financial Accounting, Chapter 2, Introduction to Financial Statements._
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