GE would retain ownership of the hardware, blocking ___ by competitors and enjoying significant licensing revenue.
A: encroachment
B: cater to
C: trade-offs
D: fraudulent
A: encroachment
B: cater to
C: trade-offs
D: fraudulent
举一反三
- The company should convert the unearned revenue to revenue whenever it recongize its revenue.
- The company should convert the unearned revenue to revenue whenever it recongize its revenue. A: 正确 B: 错误
- An attorney performs services of $1,100 for a client and receives $400 cash, with the remainder on account. The journal entry for this transaction would A: debit Cash, debit Service Revenue, credit Accounts Receivable. B: debit Cash, debit Accounts Receivable, credit Service Revenue. C: debit Cash, credit Service Revenue. D: debit Cash, credit Accounts Receivable, credit Service Revenue.
- The gross profit percentage is calculated as: A: cost of goods sold divided by net sales revenue. B: net sales revenue minus gross profit on sales. C: net sales revenue minus cost of goods sold. D: gross profit divided by net sales revenue.
- In the case of unearned revenue, the adjusting entry at the end of the period includes a credit to Service Revenue. Assume the unearned revenue is initially recorded as a liability.