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NEW QUESTION: 1
A club wanted to double its membership. It recruited 6 new members, but that was 10 short of the club's goal. How many members were in the club before the new members joined?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: C
NEW QUESTION: 2
A. Option C
B. Option B
C. Option A
D. Option D
Answer: A,B
NEW QUESTION: 3
What is the output of this code?
$ world = 'world';
echo <<<'TEXT'
hello $world
TEXT;
A. PHP Parser error
B. hello $world
C. hello world
Answer: A
NEW QUESTION: 4
The practice of recording advance payments from customers as a liability is an example of applying the:
A. Going concern assumption.
B. Historical cost principle.
C. Revenue recognition principle.
D. Monetary unit assumption.
Answer: C
Explanation:
Recognition of revenue occurs when the flow of future economic benefits to the enterprise is probable and such benefits are reliably measurable. Recording advance payments as a Ii ability reflects a determination that the receipt of future economic benefits is not sufficiently certain to merit revenue recognition, given that the enterprise has not yet performed its obligations.