Question: Fuji Computers entered a five - year insurance contract with Tokyo AFM against earthquake damage to its headquarters building. As is customary, it paid the

Fuji Computers entered a five-year insurance contract with Tokyo AFM against earthquake damage to its headquarters building. As is customary, it paid the 100 million premium for the five-year coverage up front in cash.
Question How would you recognize revenues associated with this type of catastrophe
insurance contract?

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