The Unearned Revenues Account Is an Example of a Liability

question 159

True/False

The Unearned Revenues account is an example of a liability.

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Definitions:

Job Simplification

Employing people in clearly defined and specialized tasks with narrow job scope.

Tardiness

The act of being late or delaying arrival beyond the expected or scheduled time.

Absenteeism

The habitual non-presence of an employee at their job, which can be voluntary or involuntary, and often affects productivity.

Alienation

The feeling of being isolated and disconnected from one’s work, society, or sense of self.