Asked by Quorban Young on Jul 14, 2024
Verified
A ________ generates revenues and incurs costs.
Generates Revenues
Activities or assets within an organization that contribute to earning income from sales of goods or services.
Incurs Costs
To have expenses or to bear the expense of an action or operation.
- Comprehend the aim and elements of a departmental accounting system.
Verified Answer
DM
Learning Objectives
- Comprehend the aim and elements of a departmental accounting system.
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