Unearned Revenue Is Recorded When ________

question 77

Multiple Choice

Unearned revenue is recorded when ________.

• A) revenue will be both collected and earned in the future
• B) the business has collected cash, but not yet earned the revenue
• C) revenue has been collected and earned during the same accounting period
• D) the business has earned, but not collected, cash for the revenue

---

Definitions:

Personality

A unique set of emotional, thought, and behavioral patterns that define an individual's personal style of interacting with the physical and social environment.

Most Basic Personality System

a conceptual term that could refer to the fundamental aspects or mechanisms underlying human personality.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, superego, and reality, playing a key role in decision making and sense of self.

Id

In Freudian psychoanalytic theory, the part of the human psyche that is the source of instinctual impulses and demands for immediate satisfaction of basic needs.