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:

Population Density

A measurement of the number of people living in a given area, often expressed as individuals per unit of land area.

Demographic Characteristics

The study and classification of people based on attributes such as age, gender, income level, and education, which helps in market segmentation.

Density

A measurement of mass per unit volume of a substance, often used in scientific and engineering contexts to describe the compactness of a material.

More Diverse

Referring to a greater variation in characteristics, attributes, or elements within a particular group or set.