According to the FASB conceptual framework, an entity’s revenue may result from:

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Here is the solution for According to the FASB conceptual framework, an entity’s revenue may result from:. The solution is given after the options.

According to the FASB conceptual framework, an entity’s revenue may result from:

A decrease in an asset from primary operations.

An increase in an asset from incidental transactions.

An increase in a liability from incidental transactions.

A decrease in a liability from primary operations.

Correct Answer

A decrease in a liability from primary operations.

Explanation:

A decrease in a liability from primary operations. is the answer for According to the FASB conceptual framework, an entity’s revenue may result from:

Conclusion:

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