NO.PZ2024030503000190
问题如下:
Question For a company reporting on a calendar year basis, the receipt of a payment from a client in Year 1 for the delivery of services in Year 2 most likely increases:
选项:
A.net income for Year 1.
B.liabilities as of 31 December of Year 1.
C.cash flow from operating activities for Year 2.
解释:
Solution-
Incorrect because there are situations when a company receives cash in advance and actually delivers the product or service later, perhaps over a period of time. In this case, the company would record a liability for unearned revenue when the cash is initially received, and revenue would be recognized as being earned over time as products and services are delivered. As delivery of services does not happen in the current year, no revenue is recognized in the current year and, therefore, the transaction will not increase net income for the current year.
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Correct because there are situations when a company receives cash in advance and actually delivers the product or service later, perhaps over a period of time. In this case, the company would record a liability for unearned revenue when the cash is initially received, and revenue would be recognized as being earned over time as products and services are delivered.
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Incorrect because the cash flow will be recognized in the current year even though the revenue will not be recognized until the following year. The receipt of cash in the current year will increase cash flow from operating activities in the current year rather than the following year.
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请解释下A选项,year 1有收到钱吗?