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AURORKA [14]
2 years ago
14

True or false: revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from

customers in advance before services are performed.
Business
1 answer:
Shkiper50 [21]2 years ago
8 0

We can actually deduce here that the statement, "revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from customers in advance before services are performed" is true.

<h3>What is revenue?</h3>

Revenue is actually known to be the general or total income that an organization or a firm makes from sales of their goods and services. Revenue made helps to ascertain how the company is fairing in terms of sales and customer retention.

We see here that it is true that revenue is recorded whenever services have performed and the service provider has received the payment.

Learn more about revenue on brainly.com/question/24280609

#SPJ1

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Suppose that a firm in a competitive market faces the following revenues and costs: At which level of production will the firm m
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Inventar (no copiar de internet) un microcuento fantástico con alguno de los siguientes hechos sobrenaturales o inverosímiles: fantasmas, transformaciones, poderes increíbles, etc.  

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3 years ago
The factor that determines whether a product is classified as a consumer product or an industrial product is:
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Answer:

The answer is the end use of the product

Explanation:

The end use of a.product determines whether the product is s consumer or an industrial product.

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An industrial product is a product e.g raw materials, machinery, that is used to produce finished goods. Businesses and firms use industrial product to produce finished goods.

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3 years ago
The Utah Mining Corporation is set to open a gold mine near Provo, Utah. According to the treasurer, Monty Goldstein, "This is a
Alik [6]

Answer:

IRR = 13.05%

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using an excel spreadsheet, the cash flows are:

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year 1 = $425,000

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year 3 = $459,000  x 1.08 = $495,720

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year 5 = $578,208

year 6 = $624,464

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The internal rate of return (IRR) is the discount rate at which a project's NPV (net present value) would equal $0.

6 0
3 years ago
___ is the courts do not consider legitimate competitive behavior permissible if it results in the breaking of a contract.
grandymaker [24]

Answer:tortious interference

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3 0
3 years ago
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