• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

March 2026 ACCA Exams Results

Comments & Instant poll

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>

revenue vs income

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › revenue vs income

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by AvatarJohn Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • September 4, 2021 at 1:21 pm #634284
    Avatarishikagoel
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    I have 2 questions:

    1) what is the basic difference between revenue and income?

    2) (a) Profit is the excess of income over expenditure.
    (b) Profit is the excess of revenue over expenditure.
    which of the above 2 statements would be regarded as correct?

    September 4, 2021 at 3:41 pm #634303
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    Revenue is the total earned by the company from the sale of goods or services.

    Depending on the context, income is sometimes used as just another word for revenue, or is sometimes used as another word for profit.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • oabilentatiwa on Process Technology and Quality control – CIMA E1
  • Inspire on SWOT Analysis – ACCA Strategic Business Leader (SBL)
  • Casair on Statement of cash flows – Example 1 (revision) – ACCA Financial Reporting (FR)
  • Mellytac on Sales Mix Variance – Variance analysis – ACCA Performance Management (PM)
  • newspring.kr on Group SFP – Example (PUPs) – ACCA Financial Reporting (FR)

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in