Fees Receivable Would Appear on the Balance Sheet as A(n)

question 116

Multiple Choice

Fees receivable would appear on the balance sheet as a(n)

• A) asset
• B) liability
• C) fixed asset
• D) unearned revenue

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Definitions:

Cloud Computing

A technology that provides users and companies with access to computing resources over the internet, including storage, servers, databases, networking, software, and more.

Efficiency

The measure of how effectively a process, system, or organization uses resources to achieve its objectives, often evaluated in terms of output per unit of input.

Cloud Security

Measures and technologies designed to protect data, applications, and infrastructure involved in cloud computing from threats and attacks.

Private Cloud

A cloud computing model that offers a proprietary environment dedicated to a single business entity.