Answered: Deferred revenues likely involve cash…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 20Q: What is a possible ramification of deferred revenue reporting?

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Hi, number 3 still appears to be unanswered for this problem. How do you determine relevant cash flow (after-tax) at project disposal (termination)?
50. Which of the following government agencies will most likely be able to obatian a disbursement authority in the form of Cash Disbursement Ceiling (CDC) BIR DPWH DFA NFA
In a company policy distinguishing between capital expenditures and revenue expenditures. A dollar minimum ordinarily will be established for ___________________; any expenditures of a lesser amount automatically are classified as charges against current revenue.
What is a possible ramification of deferred revenue reporting?
(a) Explain the difference between: Capital expenditure and revenue expenditure, giving an example of each. (b) Explain the difference between the receivables collection period and the payables payment period. Why is it generally preferable for the receivables collection period to be shorter than the payables payment period?
What is meant by the term unearned revenue? Where should an unearned revenue account appear in the financial state-ments? As the work is done, what happens to the balance of an unearned revenue account?
the account deffered inflows of resources-unavailable revenues is used in governmental funds to record?
Which of the following is an appropriate method of computing free cash fl ow to the fi rm? A . Add operating cash fl ows to capital expenditures and deduct after-tax interest payments.
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Which of the following neither increases nor decreases fund balance of the General Fund during the current period? a. Deferred revenues. b. Revenues. c. Expenditures. d. Other financing sour ources.
A characteristic of the payback method is that it: (See your Chapter 25 notes, page 9) Uses accrual accounting inflows in the numerator of the calculation Uses the estimated expected useful life of the asset in the denominator of the calculation Incorporates cash flows received after the payback period has been reached Is based on accounting income Incorporates the time value of money Ignores total project profitability

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Deferred revenues likely involve cash amounts that have __________ been received. Already Not Yet