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Author Question: Premium fee revenues should be recognized as: a. Revenue in the period the premium was received. ... (Read 97 times)

jake

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Premium fee revenues should be recognized as:
 
  a. Revenue in the period the premium was received.
  b. Revenue in the period covered by the premium.
  c. As deferred revenue until the services are actually provided.
  d. As revenue only if services with standard charges equal to or greater than the premium for the period are provided in the period.

Question 2

Which data flow diagram (DFD) symbol is portrayed by two parallel lines?
 a. data flow
  b. data store
  c. external entity
  d. internal entity or process



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meltdown117

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Answer to Question 1

B

Answer to Question 2

B





 

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