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(TCO 1) _____ is money that an organization brings in through the sale of its go

ID: 2639885 • Letter: #

Question

(TCO 1) _____ is money that an organization brings in through the sale of its goods and services. (Points : 5)        Profit
       Revenue
       Sales
       Capital investment
       Finance

Question 2. 2. (TCO 1) Free-market capitalism is characterized by _____. (Points : 5)        the right of few sellers dominating the market
       the right to bear and keep arms
       the right to freedom of competition
       the right to invest in foreign stock markets
       the right to serve on juries

Explanation / Answer

The sell would be either on cash or on credit. The selling of goods and services are normal activities of a business organization to generate revenue. The revenue brings money to the business organization. The generated revenue might be in cash or in equivalent of cash.

Thus, the correct answer is 2nd option, “Revenue”.