Sales revenue:

a. may be recorded before cash is collected.

b. will always equal cash collections in a month.

c. only results from credit sales.

d. is only recorded after cash is collected.

Answer choice: a. may be recorded before cash is collected.

Explanation:

Revenue should be recorded when earned without regards to when cash is received. Accrued revenue is recorded when services have been provided but the customer has not paid. Revenue can be recorded when cash is received if the customer pays at the time the service is provided or the product is sold.