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Ben says: "We need to select the team members for the Dragon Owls project. I have identified seven essential skills we need to make this project successful: leadership skills, creative skills, conceptual skills, collaborative skills, technical skills, interpersonal skills, and planning skills. Therefore, we should bring at least seven people on to the team." Which of the following is assumed by Ben's argument?
Future
Future refers to the time or period that is to come after the present, often considered in the context of uncertainty or potential.
Recognition
In accounting, recognition refers to the formal recording of an item in the financial statements, acknowledging its existence and the fact that it meets the criteria for financial reporting.
Revenue
Income that a business receives from its normal business activities, usually from the sale of goods and services to customers.
Deferral
A deferral occurs when cash related to a future revenue or expense has been initially recorded as a liability or an asset.
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