Deferred revenue is revenue that is A. Earned and the cash has been received B. Not...

Question

Question

Deferred revenue is revenue that is

A. Earned and the cash has been received

B. Not earned but the cash has been received

C. Earned but the cash has not been received

D. Not earned and the cash has not been received

Answer 1

Answer #1

Deferred revenue means the revenue which is not earned but the cas has been received.

Option B. is correct answer.

Answer 2

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