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Author Question: Systems flowcharts portray business process activities, stores of data, and flows of data among ... (Read 111 times)

TFauchery

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on: Jul 5, 2018
Systems flowcharts portray business process activities, stores of data, and flows of data among those elements without presenting the physical details of those elements.
  Indicate whether the statement is true or false

Question 2

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. Deferred revenue until the services are actually provided.
  D. Revenue only if services with standard charges equal to or greater than the premium for the period are provided in the period.


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helenmarkerine

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Reply #1 on: Jul 5, 2018
Answer to Question 1

F

Answer to Question 2

B


TFauchery

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

Missbam101

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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