Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

An airline should recognize revenue from airline tickets in the period when:

A. Passenger reservations are booked.

B. Passenger reservations are confirmed.

C. Tickets are issued.

D. Related flights occur.

user-image
Question added by Deleted user
Date Posted: 2015/02/27
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Option D  >>>>>>>>>>>>>>>>>>>>>    Related flights occur.

Sara Khan
by Sara Khan , financial and admin assistant , Ministry Of Defence

Thank you Sir for giving me opportunity..answer is Option D ) related flights occur.

Muhammad Imran
by Muhammad Imran , Head of Accounts & Company Secretary , Fauji Infraavest Foods Limited

D is correct.

When related flights occur.

Rowan Elhossary
by Rowan Elhossary , Sales and service rep , CIB

D When the actual service occurs then the revenue is recognized and reduced from the liability they owe to the customer for the service that should be provided for a pre-purchased ticket

I would go for C, when tickets are issued. since it is the time payment has been done.

aziz urrehman
by aziz urrehman , key account executive , alkhair group of companies foam manufacturing

C is the correct one becuase when it issue once a ticket it can be cancel onely.

Ahmed Mekky
by Ahmed Mekky , Operations Officer - Contact Centre Operations & Retail Counter , Qatar Airways

D. Related flights occur.

In other words, the airline industry measures a worth based on flown revenue.

Hey! With an extensive inventory of tickets to events around the world, Ticketmaster makes it easy to find and purchase the tickets that matter most to you. Whether you're a fan of music, sports, theater or comedy, Ticketmaster has something for everyone. This online platform is easy to use, as confirmed by the reviews here https://ticketmaster.pissedconsumer.com/review.html and the ticket prices are most often affordable, which is very popular with many people who often attend various events.

Khurram Shaukat Memon
by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

I think answer (C) may be correct here.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.