Examlex
Which of the following represents the primary forms of ebusiness?
Deferrals
Accounting transactions that involve recognition of revenues or expenses in a period different from when they are actually received or paid, to match revenues with expenses in the appropriate period.
Accruals
Accounting adjustments for revenues that have been earned or expenses that have been incurred but are not yet recorded in the accounts.
Deferred Revenue
Money received by a company for goods or services not yet delivered or performed, recorded as a liability until the transaction is completed.
Vertical Analysis
A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) in a balance sheet is represented as a proportion of the total account.
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