what-is-the-primary-difference-between-revenue-and-income

Question

What is the primary difference between revenue and income?

Accepted Answer

Revenue is the total inflow of resources, while income is revenue minus expenses.

Answer

Revenue is the total outflow of resources, while income is expenses minus revenue.

Answer

Revenue is the total inflow of resources, while income is expenses minus revenue.

Answer

Revenue is the total outflow of resources, while income is revenue plus expenses.