NO.PZ2018062004000024
问题如下：
Molly is studying financial statement analysis, she says “accrued revenue is an asset, it is reported when a revenue has been recognized but no cash has been received and no billing occurs.” Is she correct?
选项：
A.
correct.
B.
incorrect, as accrued revenue is the cash received prior to revenue recognition.
C.
incorrect, as accrued revenue is reported as a liability in the balance sheet.
解释：
A is correct. When the company record revenue and no billing occurs, the accrued revenue (an asset, or unbilled revenue) is reported. When billing occurs, accrued revenue is reduced, and account receivable is increased. When cash is received, reduce account receivable, and increase cash.
虽然靠死记硬背可以记下来，但还是不太理解，太绕了。
希望老师将accrual accounting的unearned revenue，accrued revenue， prepaid expense，accrued expense从生活的层面各举一个例子。
