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bearhunter [10]
3 years ago
12

Unearned revenues are revenues not recorded as revenues until services are performed. revenues for services already performed an

d received in cash, and recorded as revenues when received. revenues for services performed but not yet received in cash or recorded. revenues for services already performed, and recorded as liabilities, before they are received.
Business
1 answer:
Ray Of Light [21]3 years ago
8 0

Answer:

Correct option is (a)

Explanation:

Unearned revenue are revenue earned against services that have not been performed yet. In accrual system, revenue is recognized when service is performed against it.

Revenue earned without service being discharged is treated as liability till the period service is performed. It is recognized as income only after service is performed. For example unearned rent revenue is an unearned revenue which is reported as a liability till the rent period for which revenue was received is over.

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Aiden and Priya believe automation is necessary so Bergman’s can be ______, not ______.
denpristay [2]

Answer:

Bergman’s can be more efficient, not cumbersome to consumers

Explanation:

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Therefore, changing to an automated sales, Pryia believes that Bergman will be more modern, efficient and faster.  

5 0
3 years ago
In this type of budget, the master budget is based on a single prediction for sales volume, and the budgeted amount for each cos
SOVA2 [1]

Answer:

Fixed budget.

Explanation:

A fixed budget can be regarded as financial plan which is not been modified for any variations that could come up in actual activity. In most times some companies may have experience of substantial variations as regards their expected activity levels within the encompassed period of budget as well as the amounts in that budget. The budget cost allowances in a fixed budget for each cost item cannot be changed as regards the variable items. It should be noted that in Fixed budget the master budget is based on a single prediction for sales volume, and the budgeted amount for each cost essentially assumes that a specific amount of sales will occur.

3 0
3 years ago
What costs are considered “relevant” and which are considered “irrelevant “to a business
Klio2033 [76]

Answer:

Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.

Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.

4 0
3 years ago
A sharp downturn in the U.S. housing market reduced the income of many who worked in the home construction industry. A Wall Stre
Shalnov [3]

Answer:

Answer is explained in the explanation section.

Explanation:

If the wages of the Hispanics construction worker in America are less then, they will not have near as much money to send home to their relatives back in Mexico.

And if their families do not have as much as it use to be then they will not be able to buy near as much as they used to.

It means that if the construction workers don't get as much money as they used to then, neither they nor their families  will be able to spend as much as they use to which will obviously hurt each of their economies.

6 0
3 years ago
What is the major advantage of processing information automatically?
Lady bird [3.3K]
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7 0
4 years ago
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