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QUESTION 1 #

Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred
Revenue liability?

A. your invoiced goods and services less those goods and services that you have not yet delivered
B. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right
to invoice them for those goods and services once delivered
C. Unearned Revenue
D. your debt to customers for goods and services you are obliged to deliver to them by either party acting

Correct Answer: D

QUESTION 2 #

Which three taskscan be performed In the Revenue Management Work Area?

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