Question: Global Crossing sold fiber optics capacity using long-term contracts & booked revenues in the current period. This is an example of: a. Conservative revenue recognition

Global Crossing sold fiber optics capacity using long-term contracts & booked revenues in the current period. This is an example of: a. Conservative revenue recognition b. A non-recurring item c. Aggressive revenue recognition d. A product cost Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Contingencies b. Unrealized marketable securities gains & losses c. Earnings before income & taxes (EBIT) d. Extraordinary items

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