The Primary Difference Between Revenues and Gains Is

Multiple Choice

The primary difference between revenues and gains is:

A) Gains are increases in net assets from periodically selling assets (other than inventory) ,while revenues are increases from major or central ongoing operations of a business.
B) Revenues increase operating income and gains have no impact on net income.
C) Revenues cause increases in net assets as a result of infrequent activities and gains cause increases through ongoing activities.
D) Gains result in an increase in operating income whereas revenues do not impact operating income.