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:

Myers-Briggs

A type indicator test that categorizes individuals into 16 personality types based on preferences in four dichotomies, intended to understand and improve how people communicate and work together.

Intuitive Type

A personality trait or preference characterized by relying on instinctive feelings rather than factual analysis in decision-making processes.

Learning New Skills

Acquiring new abilities or expertise through practice, study, or experience.

Myers-Briggs

A type of personality test based on the theories of Carl Jung, designed to identify individual psychological preferences in how people perceive the world and make decisions.