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Why businesses track costs and revenue

Why businesses track costs and revenue

A business needs revenue from sales to cover its costs. Costs are money spent to operate, produce, or sell, while revenue is the money received from customers before costs are deducted.

Costs and revenue Lesson

  1. A Level
  2. /Business
  3. /Costs and revenue

Step-by-step lessons on OCR A Level Business Costs and revenue. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.

Lessons