Answer:
d. the service is performed
Explanation:
According to the revenue recognition principle, the revenue is recognized when it is earned or realized not when the cash is received. It is based on the accrual basis of accounting. It does not depend upon the cash.
In other words, whether cash is received or not but the revenue is recognized on the books when the service is performed.
Cleaning up a park, free car wash, volunteer at the soup kitchen
The financial advisor who just found out that the prospect manages his own portfolio should Ask if there’s a reason he hasn’t used an advisor in the past.
<h3>What should a financial advisor do?</h3>
The financial advisor should start by finding out if there is a reason why the prospect has never had a financial advisor.
This will help him decide how to proceed in terms of offering the prospect their services.
Find out more on financial advisors at brainly.com/question/22718634.
Answer: Grapevine
Explanation: Grapevine is an informal communication network in which the information does not flow in a prescribed and rule based structure. The information flows at every direction irrespective of the level of authority.
In the given case, Jeff initiates the information flow at lunch and not in an official meeting. Similarly Judy receives the information from the HR department employee although she do no work there.
Hence the information is flowing in every direction. Thus, the correct answer is grapevine.