True or false: A reduction of the deferred revenue account can be interpre

True or false: A reduction of the deferred revenue account can be interpreted as a leading indicator of lower future revenues. Explain A. 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.B. 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.C. 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.D. 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.

Don't use plagiarized sources. Get Your Custom Essay on
True or false: A reduction of the deferred revenue account can be interpre
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! To Get a 10% Discount Use Coupon Code FIRST39420
Order Essay
Calculator

Calculate the price of your paper

Total price:$26
Our features

We've got everything to become your favourite writing service

Need a better grade?
We've got you covered.

Order your paper