Net Operating Revenue is defined as what?

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Multiple Choice

Net Operating Revenue is defined as what?

Explanation:
Net Operating Revenue is the money the firm actually retains from client work after paying for others who contributed to the project and after accounting for reimbursable costs. You start with all money coming in from clients, then subtract what was paid to outside consultants and the reimbursable expenses tied to those engagements. The remainder is the funds available to cover the firm’s own overhead and profit. This isn’t simply revenue minus taxes, nor is it about gross profit plus overhead or unrelated income like investments.

Net Operating Revenue is the money the firm actually retains from client work after paying for others who contributed to the project and after accounting for reimbursable costs. You start with all money coming in from clients, then subtract what was paid to outside consultants and the reimbursable expenses tied to those engagements. The remainder is the funds available to cover the firm’s own overhead and profit. This isn’t simply revenue minus taxes, nor is it about gross profit plus overhead or unrelated income like investments.

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