If an unearned revenue account is not adjusted for revenues earned during the period, liabilities will be overstated and revenue will be understated

The Excel function =RAND() generates random numbers that are:

A) greater than 0 B) less than 1 C) between 0 and 0.9999 D) between -1 and 1 E) greater than 1

In Table 11-13, what was the highest settlement amount in dollars?

a. $650 million b. $700 million c. $800 million d. $900 million