The primary difference between revenues and gains is:

Multiple Choice

revenues increase income from operations and gains have no impact on net income.

revenues cause increases in net assets as a result of infrequent activities and gains cause increases through ongoing activities.

gains result in an increase in income from operations whereas revenues do not impact income from operations.

gains are increases in net assets from periodically selling assets $($other than inventory$),$ while revenues are increases from a company$$s day$-$to$-$day business activities.