In a Service-Type Business, Revenue Is Considered Earned

question 155

Multiple Choice

In a service-type business, revenue is considered earned

• A) at the end of the month.
• B) at the end of the year.
• C) when the service is performed.
• D) when cash is received.

---

Definitions:

Global Attributes

Characteristics or features that can be applied or associated with a wide range of different items or entities, often in the context of coding or product specifications.

Individualized Marketing Approach

A marketing strategy that involves tailoring products, services, and communications to meet the specific needs and preferences of individual customers.

Transnational Companies

Entities that operate in multiple countries beyond their home country, harnessing global markets for production and sales.

Global Agnostics

Individuals or entities that remain neutral or undecided on global cultural, religious, or political preferences.