Unearned Revenue Is

question 119

Multiple Choice

Unearned revenue is

• A)recorded when cash received before services are performed.
• B)revenue for services performed and recorded as liabilities before it has been received.
• C)revenue for services performed but not yet received in cash or recorded.
• D)revenue for services performed and already received in cash and recorded.

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Definitions:

Ethnocentric

The conviction that one's own ethnicity or culture is superior to all others.

Exclusionary

Pertaining to the act or policy of excluding certain people or groups from participating in an activity, institution, or society.

Clinical Research

The in-depth examination of an individual or a group by a clinician who assists with psychological or medical problems.

Ethnocentric Bias

The tendency to view one's own culture or ethnicity as superior and to use one’s own cultural standards to judge others.