Examlex
Which of the following is an output of an organization's operations system?
Unearned Revenues
Money received for services or products that have yet to be delivered or performed; recognized as a liability until the revenue is earned.
Liability Account
An account on a company's balance sheet that represents debts or obligations that the business needs to pay off in the future.
Related Revenue
The income generated from activities that are directly related to the main business operations.
Accrued Expenses
Expenses that have been incurred but not yet paid or recorded, to be recognized in the accounting period they are incurred.
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