How does unearned revenue arise? Can it be classified properly as a current liability? If so, why?
Give examples of business activities that result in unearned revenue. Additionally, explore the
potential ramifications of recognizing unearned revenue on the validity of the financial statement
and, potentially, the price of the stock.
Solution
Unearned income or unearned revenue occurs when a company receives money before the
money is earned. This is also referred to as deferred revenues or customer deposits.
The unearned amount is recorded in a liability account such as Unearned Revenues, Deferred
Revenues, or Customer Deposits. After the amount has been earned, the liability account is
reduced and a revenue account is increased.
Give examples of business activities that result in unearned revenue.
Magazine or newspaper subscriptions paid in advance are unearned revenues (deferred revenues)
for the publisher, until the subscription copies are delivered.
In accrual accounting (used by most companies), revenues are recognized as earned when two
conditions are satisfied:
Hence unearned revenue is not recognizes as revenue hence it doesn’t have any impact on the
Revenue of the company unless the same is realized .
Since it doesn’t have an impact on the net profit it will not impact the Earning per share of the
organization which is a measure of stock price ..
The first thing you need to know is that accrued revenue is shown as the revenue on the income statement when accumulated revenue is first recorded. Accounting for accrued revenue may be done through accounts receivable, in which case a specific sum is deducted.
Any business whether small or big needs bookkeeping to keep track of the progress of the business. In this document, you will learn what bookkeeping is all about. https://make-money-with-sam.com/bookkeeping-101-for-small-businesses/
The first thing you need to know is that accrued revenue is shown as the revenue on the income statement when accumulated revenue is first recorded. Accounting for accrued revenue may be done through accounts receivable, in which case a specific sum is deducted.
Any business whether small or big needs bookkeeping to keep track of the progress of the business. In this document, you will learn what bookkeeping is all about. https://make-money-with-sam.com/bookkeeping-101-for-small-businesses/
Accrual accounting is a type of commercial accounting that allows a company to monitor revenue and expenses as they happen, rather than as money changes hands.
Basics of Accounting. Principles and concepts of Accounting
what is Double Entry System of Accounting?what Financial Statements?
Accounting is a process of identifying, recording, summarising and reporting economic information
to decision makers in the form of financial statements.
Basics of finance and accounting written for owners of business including family business. Step by step learning by all professionals and self employed besides business owners. At the end of each chapter there are questions for revision & practice.
How does temperature change the saturation concentrationSolutio.pdfAMITJWELLER123
How does temperature change the saturation concentration?
Solution
The saturation Concentration is the amount of solute that can be added before no more can be
dissolved into the solution. If the temperature is lowered after saturation is reached,
supersaturation occurs. This is where a solution contains more dissolved solute than would be
possible at the current temperature. Sweetened iced tea is made by heating up tea and dissolving
sugar into the hot solution then cooling it down to a supersaturated solution.A good example of
this is the fact that warmer air can hold more moisture than cooler air..
how does legal and regulatory issues shape and define good financial.pdfAMITJWELLER123
how does legal and regulatory issues shape and define good financial management of a health
care organization.
Solution
Answer
Legal and regulatory issues shape and define good financial management of a health care
organization in following manner.
Entry into the health services industry is heavily regulated by licensure, certificate of need, rate
setting, and review programs.
Certificate of need (CON) law is aimed to control increasing healthcare costs where States
conduct healthcare planning. Health services providers required to obtain approval for new
health care projects based on social needs that either relate to particular class of services or
exceed a predefined cost threshold. It is aimed at control capital expenditures. Government has
also promoted cost controls through competition in health care industry.
Many states have enacted cost containment programs. The primary tool for cost containment
programs is the rate review system. There are three types of systems
(1) Detailed budget reviews with approval or setting of rates
(2) Formula methods which use inflation formulas to set target rates
(3) Negotiated rates with decision making between the health services provider and the rate
setter.
Some states using rate review systems have reduced the rate of increase in healthcare costs
below the national average.
Professional liability imposed by legal system on health services providers is aimed at reducing
malpractice suits and costs related to it..
More Related Content
Similar to How does unearned revenue arise Can it be classified properly as a .pdf
Accrual accounting is a type of commercial accounting that allows a company to monitor revenue and expenses as they happen, rather than as money changes hands.
Basics of Accounting. Principles and concepts of Accounting
what is Double Entry System of Accounting?what Financial Statements?
Accounting is a process of identifying, recording, summarising and reporting economic information
to decision makers in the form of financial statements.
Basics of finance and accounting written for owners of business including family business. Step by step learning by all professionals and self employed besides business owners. At the end of each chapter there are questions for revision & practice.
How does temperature change the saturation concentrationSolutio.pdfAMITJWELLER123
How does temperature change the saturation concentration?
Solution
The saturation Concentration is the amount of solute that can be added before no more can be
dissolved into the solution. If the temperature is lowered after saturation is reached,
supersaturation occurs. This is where a solution contains more dissolved solute than would be
possible at the current temperature. Sweetened iced tea is made by heating up tea and dissolving
sugar into the hot solution then cooling it down to a supersaturated solution.A good example of
this is the fact that warmer air can hold more moisture than cooler air..
how does legal and regulatory issues shape and define good financial.pdfAMITJWELLER123
how does legal and regulatory issues shape and define good financial management of a health
care organization.
Solution
Answer
Legal and regulatory issues shape and define good financial management of a health care
organization in following manner.
Entry into the health services industry is heavily regulated by licensure, certificate of need, rate
setting, and review programs.
Certificate of need (CON) law is aimed to control increasing healthcare costs where States
conduct healthcare planning. Health services providers required to obtain approval for new
health care projects based on social needs that either relate to particular class of services or
exceed a predefined cost threshold. It is aimed at control capital expenditures. Government has
also promoted cost controls through competition in health care industry.
Many states have enacted cost containment programs. The primary tool for cost containment
programs is the rate review system. There are three types of systems
(1) Detailed budget reviews with approval or setting of rates
(2) Formula methods which use inflation formulas to set target rates
(3) Negotiated rates with decision making between the health services provider and the rate
setter.
Some states using rate review systems have reduced the rate of increase in healthcare costs
below the national average.
Professional liability imposed by legal system on health services providers is aimed at reducing
malpractice suits and costs related to it..
How does Machiavellianism relate to ethical behavior Please suppo.pdfAMITJWELLER123
How does Machiavellianism relate to ethical behavior? Please support your answer.
Solution
Machiavellianism is the use of cunning means and methods. People having this personality trait
are focused on personal gains and self interest, disregarding the morality aspect.
Machiavellianism is the tendency to be unemotional. As the person is unemotional, he or she can
get detached from the morality aspects of actions and can decieve others.
Hence Machiavellianism is not ethical. Ethical behavior is the use of morality in one\'s
behaviour. In Machiavellianism, the person can completely disregard the ethical aspect and
issues to promote his self interest..
How does federalism affect policy developmentSolutionFederali.pdfAMITJWELLER123
How does federalism affect policy development?
Solution
Federalism has affected the policy development in several ways. It has almost influenced
American political develoment deeply since it has been used as a powerful weapon in policy
making and politics. Though the constitution completely authorized the national government to
exercise the tools of national sovereignty, it equally authorized the states to govern most of
everyday life. This consitutional arrangement was instrumental in encouraging interstate
competition and market driven economic-growth but the same initiative has impeded policies
aimed at mitigating economic hardship and inequality.
Federalism took initiative in encouraging fragmented political parties and a pluralistic interest
group system. Further, federalism also caused many organized business and trade unions to split
apart thus causing many political conflicts. Fed\'s inititative to boost State policy has left
domestic policy profoundly fragmented and unequal. Decentralized power allowed states to
implement separate and inferior citizenship rights for different categories of citizens, most
prominently, racial minorities and women.
Hence, Federalism has had serious effects in policy development since implementation got more
tougher and complex..
How do you round 3 and 1720 to the nearest halfSolution .pdfAMITJWELLER123
How do you round 3 and 17/20 to the nearest half
Solution
To round to the nearest half number: 1. Multiply by 2 2. Add 0.5. 3. Erase the
decimal part of the number (truncate). 4. Divide by 2 now 3 will be rounded to three only as
(3*2=6; 6+0.5 =6.5; ==6;6/2=3} also it is clear that three will be rounded to 2.5, or 3,or 3.5. 3 is
nearest to three(being equal) thus will will roundd to 3 17/20 will be round to 1 (17/20)*2= 1.7
1.7+0.5 = 2.2 TRUNCATING DECIMAL WE GET 2 AND DIVIDING BY 2 WE GET 1
ALSO 17/20 = 0.85 WHICH CAN BE ROUNDED TO 0.5 OR 1 AND BY OBSERVATION
WE CAN SEE IT IS NEAR TO 1.
How does Entrepreneurship to privatepublic goods and the market.pdfAMITJWELLER123
How does \"Entrepreneurship\" to private/public goods and the market system?
Solution
How does \"Entrepreneurship\" to private/public goods and the market system?
Though the question is not complete or clear as such it is taken to be the role of entrepreneurship
in market system.
Entrepreneurship was premitively associated with the Competitive market structure and the
provision of Private goods. Dynamic vision, capacity to develop and organise the management of
the production cycle, Acquiring and utilising the human and capital resources that define
entrepreneurship today are not only significant in a monopolistic and oligopolistic market system
but equally efficient for the Public sector enterprises.
Efficient management of scarce resources and effective channelization of capital and human
resoures founded on Cost - Benefit analysis has come to assume significance even in the
provision of public goods like transportation services, Power generation, Infrastructure
development etc. This has gained momentum with the stepping in of the private sector in the
provision of public services.
How does competition relate to communism, socialism, fascism, capita.pdfAMITJWELLER123
How does competition relate to communism, socialism, fascism, capitalism and monarchy?
Solution
for the last two decades we have observed competition in communism, but it has lost its
popularity in recent days. except china there is no other country which following it. there will be
many draw back in the system,other wise majority of the nations would be follow it.
socilism, is the considers as all are equal, to listen and feel it is good. but when it comes to
practicality it is very difficult to implement and follow. Russia is following socilism and doing
good, but no other nation is interested to implement it in their nations.
facism, one person is ruling the nation in this process and according to his priorities the nation
has to serve. he may works to get high influence on system he is the ruler of the nation. there
wont be any oppostion, there wont be any freedom to the public and so on. Now a days we
hardly found this type of nations, Libiya was one of the nation which was ruled by Gudaffy.
capitalism: here the people who are having money they only have power and they can influence
the political system and the goverments too. US is the best example to the capitalism. ofcourse
the decisions will be based on the governement regulations only, but majority of the times they
will be benefited to the industrialist only.
Monarchy: in this process the total power is lies in the hands of one person or group of people,
once they died then only new people comes into the picture..
How does an understanding of management and organizational behavior .pdfAMITJWELLER123
How does an understanding of management and organizational behavior lead to organizational
effectiveness and efficiency? Why is the study of historical management theories important
today?
Solution
Ans:- Organizational behavior examines how and why people act, think, and feel in corporate
and other organized settings. The field is concerned with timeless questions such as the nature of
leadership, how to motivate people, how to resolve interpersonal conflicts, and how to develop
effective teams. We say “timeless” because the fundamental issues in organizational
behavior—the rapidly changing workplace notwithstanding—aren’t new. In fact, the field’s roots
go back thousands of years. For example, ancient Chinese emperors grappled with how to
efficiently organize a vast work force of civil servants. And in the Roman Empire, experiments
with tenure-based wage classifications (what are called tiered wage systems today) created
problems. But we’ll spare you the details of some 4,000 years of history—you can pursue that on
your own. The point is that concerns about organizational behavior have always been with us.
We’ll jump ahead with our time line to the U.S. in the late 1800s. During that period, several
famous “experiments” in human behavior were conducted in organizations. Robert Owen, for
example, was a textile manufacturer who experimented with “innovations” such as providing
breaks and hot meals for his employees. Likewise, the Pullman factory town was seen by many
as innovative in its day. Today, of course, what was viewed as an attractive workplace in the
1800s comes across as laughable. For example, at the Boston Herald in the 1870s, a company
rule stated that “men employees will be given an evening off each week for courting purposes, or
two evenings a week if they go regularly to church.”6 Up until this point, efforts to improve
worker productivity were largely confined to a handful of behavioral tinkerers. But 1900 marked
the birth of the first systematic effort to scientifically study human behavior. In fact, for the next
40–50 years, scientific management was the dominant behavioral perspective in the U.S. Its
champion was Frederick Taylor. An engineer by training, Taylor felt that applying scientific
principles to human behavior was a practical and efficient way to maximize firm performance.
Just as machines could be designed to optimally perform a certain task, he reasoned, so too could
people be taught the ideal way to perform their specific jobs. Uncovering those “ideal ways”
required a systematic analysis. The idea was to observe people doing actual work, discover the
“human problems” preventing better performance, and then minimize them by training
employees to do things correctly. Taylor conducted many experiments that tested whether
worker movements, action sequences, physical positions, and job locations would raise or lower
production. For instance, Taylor collected detailed information about how workers loaded coal
bins, i.
How does Amazon.com illustrate the sources of service sector growth.pdfAMITJWELLER123
How does Amazon.com illustrate the sources of service sector growth? Comment on information
technology, internet as an enabler, innovation and changing demographics.
Solution
The company has a market cap of $87 billion and supplies goods all over the globe. The firm is a
more centralized organization. They built their own website and partnered with.
How does a workplace bully rate on emotional intelligenceSoluti.pdfAMITJWELLER123
How does a workplace bully rate on emotional intelligence?
Solution
Bullying is usually seen as acts or verbal comments that could \'mentally\' hurt or isolate a person
in the workplace. Sometimes, bullying can involve negative physical contact as well. Bullying
usually involves repeated incidents or a pattern of behaviour that is intended to intimidate,
offend, degrade or humiliate a particular person or group of people. It has also been described as
the assertion of power through aggression.
While bullying is a form of aggression, the actions can be both obvious and subtle. It is
important to note that the following is not a checklist, nor does it mention all forms of bullying.
This list is included as a way of showing some of the ways bullying may happen in a workplace.
Also remember that bullying is usually considered to be a pattern of behaviour where one or
more incidents will help show that bullying is taking place.
Examples include:
If you feel that you are being bullied, discriminated against, victimized or subjected to any form
of harassment:
DO
Remember, it is not just the character of the incidents, but the number, frequency, and especially
the pattern that can reveal the bullying or harassment.
DO NOT.
How does action by the fed affect the degree of crowding out that oc.pdfAMITJWELLER123
How does action by the fed affect the degree of crowding out that occurs when the government
increases deficits?
Solution
if government deficit increases it means that the receivables are lesser than payments. or the
payments are much higher than receivables, in these conditions the domestic currency will
becomes weeker with foreign currencies and the imports will becomes more costlier..
How does a social network differ from a portal How are the two simi.pdfAMITJWELLER123
How does a social network differ from a portal? How are the two similar?
Solution
Social networks involve a group of people, shared social interaction, common ties among
members, and people who share an area for some period of time. Portals are general-purpose
content providers that have a varied selection of features and capabilities. Social networks are
different from portals in that content creation is done almost exclusively by the members of
social networks, whereas portals both create and aggregate content from elsewhere. The two are
similar in that their goal is to keep visitors on their sites for a long time , or to mold themselves
as a.
How do you turn 0.4 in to a mixed numberSolution .pdfAMITJWELLER123
How do you turn 0.4 in to a mixed number?
Solution
0.4 in itself can\'t be converted into mixed numbers because it is already a proper
fraction (the numerator is less than denominator). 0.4 = 4/10 4 is less than 10. Mixed numbers
come from improper fractions, where the numerator is more than the denominator. So, your
answer would essentially just be 4/10 or you can reduce it to 2/5 ..
how do you work out the problem i exponent 15 + i exponent 28 .pdfAMITJWELLER123
how do you work out the problem i exponent 15 + i exponent 28
Solution
i0 = 1
i1 = i
i2 = -1
i3 = -i
i4 = 1
i5 = i
This continues to repeat by 4s.
i15 + i28
15/4 = 3 remainder of 3
28/4 = 7 remainder of 0
So basically it turns out to be
i3 + i0
-i + 1 (answer)
-i + 1 (answer).
How do you use persuasion in informal presentationsSolutionTh.pdfAMITJWELLER123
How do you use persuasion in informal presentations?
Solution
The success of a persuasive presentation is determined by how many people make a purchase or
how many people contribute to the cause. For a proposal, success is determined by whether or
not you get the approval you need.
Most persuasive presentations highlight the problem and then offer a solution. People won.
How do you think history should recognize the translators who brough.pdfAMITJWELLER123
How do you think history should recognize the translators who brought Greek works back to
Europe? Were their accomplishments important? Did they contribute to the growth of
Mathematical scientific knowledge?
Solution
Well yeah if you think about it they are some of the main reasons why we know our
math knowledge. Also their accomplishments are important..
How do you simplifySolutionI assume that you are talking abou.pdfAMITJWELLER123
How do you simplify?
Solution
I assume that you are talking about simplifying fractions?
Simplifying (or reducing) fractions means to make the fraction as simple as possible. Why say
four-eighths (4/8) when you really mean half (1/2) ? Try dividing both the top and bottom of the
fraction until you can\'t go any further (try dividing by 2,3,5,7,... etc).
Simplifying can also mean turning an improper fraction into a mixed number. For example, 3/2
into 1 1/2..
How do you simplify a expression Like 4(8)-62SolutionOrder.pdfAMITJWELLER123
How do you simplify a expression?
Like 4(8)-6/2
Solution
Order of operations is always PEMDAS where P is Parenthesis, E is Exponents, MD is
Multiplication and Division, and AS is Addition and Subtraction. In this problem, consider that
the minus sign is a major separator and do the subtraction last. Do your multiplication and
Division first.
4(8) - 6/2
= 32 - 3
= 29.
How do you prefer to be managed What do you think a manager needs t.pdfAMITJWELLER123
How do you prefer to be managed? What do you think a manager needs to do to engage and
retain a person in your generation?
Solution
The millennials or generation Y employees want to be managed using Transformational
leadership style. This generation values motivation and involvement of managers to their goals.
They want their managers to be a part of the team and involve the employees while making any
decision.
Managers need to engage and retain such employees using employee engagement skills,
providing flexible work environment, motivation, and challenging work. It keeps the employees
motivated and satisfied with their work..
how do you measure quality of human capitalSolutionThe Import.pdfAMITJWELLER123
how do you measure quality of human capital?
Solution
The Importance of Human Capital Measurement:
The conventional standard to measure human capital stock has been largely categorized into
three parts:
Output- based approach,
Cost- based approach,
and Income-based approach.
Macroeconomics- Movie Location
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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How does unearned revenue arise Can it be classified properly as a .pdf
1. How does unearned revenue arise? Can it be classified properly as a current liability? If so, why?
Give examples of business activities that result in unearned revenue. Additionally, explore the
potential ramifications of recognizing unearned revenue on the validity of the financial statement
and, potentially, the price of the stock.
Solution
Unearned income or unearned revenue occurs when a company receives money before the
money is earned. This is also referred to as deferred revenues or customer deposits.
The unearned amount is recorded in a liability account such as Unearned Revenues, Deferred
Revenues, or Customer Deposits. After the amount has been earned, the liability account is
reduced and a revenue account is increased.
Give examples of business activities that result in unearned revenue.
Magazine or newspaper subscriptions paid in advance are unearned revenues (deferred revenues)
for the publisher, until the subscription copies are delivered.
In accrual accounting (used by most companies), revenues are recognized as earned when two
conditions are satisfied:
Hence unearned revenue is not recognizes as revenue hence it doesn’t have any impact on the
Revenue of the company unless the same is realized .
Since it doesn’t have an impact on the net profit it will not impact the Earning per share of the
organization which is a measure of stock price .
