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:

Limited Emotions

A condition or state where an individual experiences a narrower range of emotions than is typically considered normal.

Reasonable Plans

Reasonable Plans are well-thought-out, achievable strategies or actions devised to attain a specific goal or resolve a problem, taking into account practical limitations and resources.

Basic Emotions

Fundamental emotional states, such as joy, sadness, anger, fear, surprise, and disgust, thought to be universal across human cultures.

Facial Expressions

Visible changes in the face that convey a person's emotional state, intentions, or social communications.