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  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 9: Current Liabilities and Contingent Obligations
  5. Question
    Unearned Revenue Also Called Deferred Revenue) Can Occur When
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Unearned Revenue Also Called Deferred Revenue) Can Occur When

Question 17

Question 17

Multiple Choice

Unearned revenue also called deferred revenue) can occur when


A) services are provided prior to receipt of cash.
B) goods are sold on account.
C) services are provided after the receipt of cash.
D) goods are sold for cash.

Correct Answer:

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