What term describes money earned or collected by a person or organization?

• A. Tax Revenue
• B. Income
• C. Profit
• D. Revenue

Answer: (D)

Revenue is the money earned or collected by a person or organization. It represents the total incoming funds from selling goods or providing services—the top line on financial reports—and it isn’t reduced by costs yet. Income can be a broader term for earnings and, in some contexts, means net income after expenses, so it’s less precise here. Profit is what’s left after subtracting all costs from revenue. Tax revenue is money collected by the government from taxes, not the earnings a business makes from its activities. So the term that fits “money earned or collected by a person or organization” most accurately is revenue. For example, a bookstore that makes $50,000 in sales in a month has revenue of $50,000; if it spends $30,000 on expenses, its profit (net income) is $20,000.