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#cfa-level-1 #reading-25-understanding-income-statement
Question
Revenue generally refers to amounts charged (and expected to be received) for the delivery of goods or services in the [...] of a business.
Answer
ordinary activities

Tags
#cfa-level-1 #reading-25-understanding-income-statement
Question
Revenue generally refers to amounts charged (and expected to be received) for the delivery of goods or services in the [...] of a business.
Answer
?

Tags
#cfa-level-1 #reading-25-understanding-income-statement
Question
Revenue generally refers to amounts charged (and expected to be received) for the delivery of goods or services in the [...] of a business.
Answer
ordinary activities
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Revenue generally refers to amounts charged (and expected to be received) for the delivery of goods or services in the ordinary activities of a business.

Original toplevel document

2. COMPONENTS AND FORMAT OF THE INCOME STATEMENT
On the top line of the income statement, companies typically report revenue. Revenue generally refers to amounts charged (and expected to be received) for the delivery of goods or services in the ordinary activities of a business. The term net revenue means that the revenue number is reported after adjustments (e.g., for cash or volume discounts, or for estimated returns). Revenue may be called sales or turnover

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statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

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