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Communications is not considered to be critical infrastructure because the term is too broad and applies mainly to the private sector?
Unearned Subscriptions
A liability account that represents payments received by a company for subscriptions that have not yet been earned because the service has not been provided.
Deferral
An accounting principle that postpones the recognition of an expense or revenue to a future accounting period.
Accrual
The accounting method that recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged.
Unexpired Insurance
The portion of paid insurance premiums that is applicable to future periods, representing coverage that has not yet been used or expired.
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