All of the Following Are Regarding Unearned Revenues Except

question 214

Multiple Choice

All of the following are regarding unearned revenues except:

• A) They are payments received in advance of services performed.
• B) The adjusting entry for unearned revenues increases assets and increases revenues.
• C) The adjusting entry for unearned revenues increases revenues and decreases liabilities.
• D) They are liabilities.
• E) As they are earned, they become revenues.

Recognize the diversity within "White" racial categories and the implications for identity and service provision.

Understand the importance of demographic and cultural information in assessing the needs of a culturally diverse client.

Explain the definition and components of racial groups and their relevance to social identity and service provision.

Identify strategies for empowering culturally diverse clients within the context of human service provision.

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Definitions:

Legal Proceeding

A process by which a legal matter is resolved in a court of law.

Oral Contract

An agreement between parties that is made verbally instead of being documented in writing.

Admission

A statement made in court, under oath, or at some stage during a legal proceeding in which a party against whom charges have been brought admits that an oral contract existed, even though the contract was required to be in writing.

Equal Dignity Rule

A legal principle requiring that agents’ actions and contracts signed on behalf of a principal must be in writing if the principal's contract is also required to be in writing.