Which Statement About Deferred Revenue Is Correct

question 43

Multiple Choice

Which statement about deferred revenue is correct?

• A)Deferred revenue is always a non-current liability.
• B)Deferred revenue could arise from loyalty programs.
• C)Deferred revenue is measured using expected values.
• D)Deferred revenue arises when the goods are shipped.

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Definitions:

Reliability

The degree to which an assessment tool, product, or system performs consistently and accurately over time.

Report's Findings

The conclusions or outcomes derived from an investigation, research, or analysis, typically summarized in a report.

Scientific Method

A systematic and logical approach to discovering how things in the universe work, involving observation, hypothesis formation, experimentation, and conclusion.

Data Interpretation

Involves analyzing data to extract meaningful information, which can inform conclusions, decisions, or predictions.