Eugene CoHas Inventory It Purchased for $6,000

question 195

Multiple Choice

Eugene Co.has inventory it purchased for $6,000.It sells the inventory to a customer for $10,000,including installation.Installation sold separately costs $1,000 and the inventory sold separately costs $10,000.What amount of Service Revenue is recognized by Eugene for installation once it has been completed?

• A)$909.
• B)$1,000.
• C)$10,000.
• D)$0,all the revenue is recorded as Sales Revenue since the installation was included in the contract.

---

Definitions:

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Big Five Model

The Big Five Model is a psychological theory that identifies five main dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Temperamental

Pertaining to an individual's personality, disposition, and emotional responses, which are often innate and can influence their behavior and interactions.

Self-esteem

An individual's subjective evaluation of their own worth or value.