Which of the Following Do Not Apply to Unearned Revenues

question 22

Multiple Choice

Which of the following do not apply to unearned revenues?

• A)Also called deferred revenues.
• B)Amounts received in advance from customers for future delivery of products or services.
• C)Also called collections in advance.
• D)Also called prepayments.
• E)Amounts to be received in the future from customers for delivery of products or services in the current period.

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Definitions:

Oral Conversation

A form of verbal communication that involves spoken words and occurs between two or more individuals in a direct, face-to-face setting.

Written Conversation

Dialogue or exchange of ideas that occurs through written communication rather than spoken words.

Instant Message

Instant message refers to a real-time communication method through text messages exchanged between users on a computer network.

Acronyms

Shortened forms of words or phrases, made up of initials that are often used to simplify communication.