Which one of the following is an example of a deferred revenue?

A) Sales are made to customers on credit.
B) Revenue has been earned but not yet recorded.
C) Payments are received prior to providing the services to customers.
D) Cash sales are made to customers.


C

Business

You might also like to view...

The item number is the primary key for relational table for vendors

Indicate whether the statement is true or false

Business

When you're evaluating a functional résumé as a way to present your qualifications, don't forget that many employers

A) are suspicious of them. B) strongly prefer them to chronological résumés. C) view them as a sign of strong communication skills. D) are unfamiliar with the functional résumé format. E) require them from applicants for management positions.

Business

'Services can't be touched but rather are experienced' describes the _______ characteristic of services

a. intangibility b. inseparability of production and consumption c. perishability d. heterogeneity

Business

How many failures can a service firm commit before the recovery paradox is wiped out?

a. One failure b. Two failures c. Three failures d. Four failures e. Five failures

Business