Unearned Revenues Refer to A(n)

Multiple Choice

Unearned revenues refer to a(n) :

A) Asset that will be used over time.
B) Expense incurred because a customer has paid in advance.
C) Liability that is settled in the future when a company delivers its products or services.
D) Increase in revenues as a result of delivering products or services to a customer.
E) Decrease in an asset.