question 8 / 10\na loss is when:\na. revenue is greater than expenses.\nb. revenue is less than…

question 8 / 10\na loss is when:\na. revenue is greater than expenses.\nb. revenue is less than expenses.\nc. revenue is equal to expenses.\nd. none of the above.

question 8 / 10\na loss is when:\na. revenue is greater than expenses.\nb. revenue is less than expenses.\nc. revenue is equal to expenses.\nd. none of the above.

Answer

Brief Explanations:

In business, a loss occurs when the amount of money coming in (revenue) is less than the amount of money going out (expenses). When revenue is greater than expenses, there is a profit. When revenue equals expenses, it is a break - even situation.

Answer:

B. Revenue is less than expenses.