Which Point of the Earnings Cycle Is Revenue Recognised in Most

question 13

Multiple Choice

Which point of the earnings cycle is revenue recognised in most cases?

• A) Receipt of cash
• B) Delivery of goods to customers
• C) Progressively throughout production
• D) Receipt of orders after completing production

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Definitions:

Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.

Disasters

Sudden catastrophic events that cause significant damage, disruption, and distress, often overwhelming communities and requiring emergency response.

Needs Theory

A conceptual framework that identifies and categorizes the fundamental motivations driving human behavior.

Drive-reduction Theory

A theory of motivation proposing that the presence of a need creates a drive to eliminate or satisfy that need, thereby restoring balance or homeostasis.