Multiple choice general knowledge

Revenue receipts are ___________ in the business.

  1. Non-recurring

  2. Recurring

  3. Both

  4. None of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Revenue receipts are recurring in nature as they arise from the regular business operations such as sales of goods or services. Capital receipts, on the other hand, are non-recurring and come from sources like sale of assets or raising loans.