Examlex
Which of the following is a consequence of the rise of television broadcasting?
Unearned Fees
Income received by a business for services yet to be provided or goods to be delivered; recognized as a liability until the service or good is delivered.
Current Liability
A company's financial obligations that are due to be settled within one year or within the normal operating cycle.
Current Liabilities
Short-term financial obligations that are due within one year or within a company's operating cycle, whichever is longer.
Retained Earnings
The portion of a company's profits that is held or retained and saved for future use, investments, or to pay debt, rather than distributed to shareholders as dividends.
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