A New Sales Representative, Eddy Wherli, Has Just Received His

question 145

Essay

A new sales representative, Eddy Wherli, has just received his copy of the month-end financial reports. He is puzzled by the term "unearned revenue." He left the following e-mail message for you on the company's bulletin board system:
What is this??? Creative Accounting, or what??? Line item 12 on year-to-date financials shows over $25Gs in Unearned Revenue!!! Come on, guys! Either we earned it, or we didn't . . . Right??! Is this how you guys lower our commissions? Reply to e.wherli@sbd
Required:
Write a response to send to Eddy. (Since the answer is being prepared for a "bulletin board" type system, it can be in informal language and can respond in kind to the humor. However, proper grammar and spelling are essential, as is the message about what unearned revenue really is.)

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Definitions:

Self-concept

An individual's perception of themselves, including their beliefs about their own skills, characteristics, and worth.

Self-awareness

The awareness of one's own personality, emotions, motivations, and wishes.

Sensory Receptor

A specialized structure that responds to environmental stimuli by conveying signals to sensory nerves.

Action Potentials

Electrical impulses in neurons or muscle cells that occur when the membrane potential of a cell rapidly rises and falls.