Business, 26.06.2020 16:01 tanhatanveer6928

Deferred Revenue True or false: A reduction of the deferred revenue account can be interpreted as a leading indicator of lower future revenues. Explain Fale. Revenue is recognized when the deferred revenue liability increases. If the deferred revenue account has decreased, more cash came in from customers and more revenue will be recgnized in the future. True. Revenue is recognized when the deferred revenue liability decreases. If the deferred revenue account has decreased, less cash came in from customers and less revenue will be recognized in the future. False. Revenue is recognized when the deferred revenue liability decreases. If the deferred revenue account has decreased, less cash came in from customers and more revenue will be recognized in the future. True. Revenue is recognized when the deferred revenue liability decreases. If the deferred revenue account has decreased, more cash came in from customers and less revenue will be recognized in the future.

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Deferred Revenue True or false: A reduction of the deferred revenue account can be interpreted as a...

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