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When tuition for a public governmental college or university is assessed for a semester that covers more than one fiscal year: Select one: O

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When tuition for a public governmental college or university is assessed for a semester that covers more than one fiscal year: Select one: O a. Revenue should be recognized in the fiscal year in which the semester is predominantly conducted. O. b. Revenue should be recognized in the fiscal year in which the revenue is assessed. O c. Revenue should be recognized in the fiscal year in which the revenue is collected. O d. Revenue should be apportioned to the fiscal years similar to the way for profit organizations would allocate such revenue.

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