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revenue vs costs



 
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revenue vs costs #1 (permalink) Wed Jul 04, 2007 3:03 am   revenue vs costs
 

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #294 "Economics Questions test (2)", question 10

Whether businesses manufacture goods or offer services, all of the money taken in by a business is called ..........

(a) costs
(b) labor
(c) revenue

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #294 "Economics Questions test (2)", answer 10

Whether businesses manufacture goods or offer services, all of the money taken in by a business is called revenue.

Correct answer: (c) revenue

Your answer was: incorrect
Whether businesses manufacture goods or offer services, all of the money taken in by a business is called costs.
_________________________

Why revenue?

venus
venus
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revenue vs costs #2 (permalink) Wed Jul 04, 2007 7:42 am   revenue vs costs
 

.
'Revenue' means 'money taken in by a business'; the other two words do not.
.
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