Revenue That Has Been Earned but Not Yet Collected in Cash

question 99

Multiple Choice

Revenue that has been earned but not yet collected in cash is called a(n) ________.

• A) accrued revenue
• B) deferred expense
• C) deferred revenue
• D) accrued expense

---

Definitions:

Assistance

Support or aid given to individuals, businesses, or countries, often in the form of financial help or resources.

Trade Adjustment Assistance Act

A U.S. federal law designed to help workers who have lost their jobs as a result of foreign trade by providing job training and financial assistance.

Eurozone

A geographic and economic region comprising European Union countries that have adopted the euro as their official currency.

Common Currency

A currency that is used by multiple countries, facilitating easier trade and financial transactions between them.