which of the following is not true about revenue? it is excluded from the income statement it is used as an…
which of the following is not true about revenue? it is excluded from the income statement it is used as an indication of earnings quality it is a cash inflow it is income that a company receives from normal business
Answer
Brief Explanations:
Revenue is a key component of the income - statement, representing income from normal business operations and can be an indication of earnings quality and often a cash - inflow. It is not excluded from the income statement.
Answer:
It is excluded from the income statement