Adkins Company Is Hired on December 15,2018 to Perform Services,beginning

question 13

Multiple Choice

Adkins Company is hired on December 15,2018 to perform services,beginning on December 16,2018.Under this agreement,Adkins will earn $3,900 monthly and receive payment on January 15,2019.What amount of service revenue should be recorded for the year ending December 31,2018?

• A) 0
• B) $1,950
• C) $3,900
• D) There is not enough information to answer this.

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Definitions:

Action Analysis

The process of examining and breaking down the actions required to achieve a particular goal or objective.

Situational Analysis

The process of identifying internal and external factors that can affect an organization's performance, often as a part of strategic planning.

Data Warehouse

A centralized repository of integrated data from one or more disparate sources, used for reporting and data analysis.

Data Depot

A central storage location for large volumes of data, often used for processing, analyzing, and accessing big data sets.