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  3. Study Set
    Financial Accounting Information for Decisions Study Set 3
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    Exam 2: Financial Statements and the Accounting System
  5. Question
    Unearned Revenue Is a Liability That Is Settled in the Future
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Unearned Revenue Is a Liability That Is Settled in the Future

Question 21

Question 21

True/False

Unearned revenue is a liability that is settled in the future when a company delivers its products or services.

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