Which of the Following Companies Would Usually not Have an Unearned

question 56

Multiple Choice

Which of the following companies would usually not have an unearned revenue account?

• A)magazine publishing company
• B)property management company
• C)airline
• D)hardware store

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Definitions:

Negligence

The failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in harm or damage.

Auto Repair

Professional services aimed at diagnosing and fixing issues with vehicles, including maintenance, parts replacement, and cosmetic repairs.

Liability

A legal responsibility or obligation, often of a financial nature.

Ratification

The act of giving formal consent to a treaty, contract, or agreement, making it officially valid.