单选题

Which of the following statements about cash received prior to the recognition of revenue in the financial statements is most accurate? The cash is recorded as（）。

A、 deferred revenue, an asset.
B、 accrued revenue, a liability,
C、 deferred revenue, a liability.

【正确答案】 C

【答案解析】

Cash received prior to revenue recognition increases cash and deferred or uuearned revenue. This is a liability until the company provides the promised goods or services.