A Revenue Should Be Recorded When

question 130

Multiple Choice

A revenue should be recorded when

• A) it is earned.
• B) payment is received.
• C) the invoice is sent to the customer.
• D) None of the above are correct.

---

Definitions:

Corn

A cereal grain which is a staple food in many parts of the world, also known as maize.

Population Growth

The increase in the number of individuals in a population, often measured as an annual percentage.

Henry Ford

An American industrialist and founder of the Ford Motor Company, known for pioneering assembly line production techniques.

Moving Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product more efficiently.