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Examples of nonoperating revenue are investment income and the money generated from the gift shop that is run by the volunteer organization in the hospital

a. True
b. false

1 Answer

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Final answer:

Nonoperating revenue examples include investment income and revenue from a gift shop.

Step-by-step explanation:

The statement about examples of nonoperating revenue is true. Nonoperating revenue refers to the income generated by a business entity that is not directly related to its core operations. Examples of nonoperating revenue include investment income, gains from the sale of assets, and income from ventures outside the business's main activities. In this case, investment income and the revenue from the gift shop, which is run by a volunteer organization in the hospital, would be considered nonoperating revenue.

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