Question: Deferred Revenue is a llability because: Multiple Choice no cash has changed hands. goods or services have been paid for, but not yet provided to
Deferred Revenue is a llability because:
Multiple Choice
no cash has changed hands.
goods or services have been paid for, but not yet provided to the customer.
the company is transferring them to another period for tax reasons.
the customer may someday return items purchased for a refund.
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