One-time money received, like proceeds from the sale of an asset. Nonrecurring revenues cannot be expected to persist in future fiscal years. Therefore, nonrecurring revenues should not be relied upon to fund ongoing, recurring operations.
One-time money received, like proceeds from the sale of an asset. Nonrecurring revenues cannot be expected to persist in future fiscal years. Therefore, nonrecurring revenues should not be relied upon to fund ongoing, recurring operations.