Answer:
she should remind him of the rules for discussion and ask him to provide supporting information.
Answer:
A. property risk
Explanation:
Jeannine is protecting herself against property risk. This type of risk applies to events that directly affect the individual's property in any way and could not have been avoided/prevented. This includes fires, floods, weather, and natural disasters, terrorist attacks, etc. If such an event occurs and damages your property, an insurance policy that covers property risk would cover your damages up to the value stated in the policy. However, this does not cover damages caused by mistakes made on your behalf such as damages when remodeling or parties thrown, etc.
Using the accrual method, the unearned revenue as of December 31 is $12,000.
<h3>What is Unearned revenue?</h3>
Unearned revenue can be defined as the amount a company received from their client for the service they are yet too rendered.
Since the company has received full balance for the services not yet provided. The unearned revenue as of December 31 will be $12,000.
Reason been that the amount that the client paid the company is for a year-long contract, hence the $12,000 represent a prepayment amount for the service the company is yet too rendered to their client
Thus, using the accrual method, the unearned revenue as of December 31 is $12,000.
Learn more about unearned revenue here:
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The Federal Reserve
The Federal Deposit Insurance Corporation
