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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.16+0.2%Dec 26 9:30 AM EST

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To: Stock Farmer who wrote (65445)5/14/2004 7:49:58 AM
From: rkral  Read Replies (1) of 77400
 
John, re "Period boundaries mean cost can go in one quarter while revenue goes in the other. "

Not according to the matching principle of accrual accounting. And I'm not cynical enough to believe Cisco's CFO would intentionally "mismatch" revenue and expenses .. especially during a quarter when deferred revenue increased.

re ""Current portion of deferred revenue" is equal to deferred revenue scheduled to be recognized within the next 365 days."

Yes, I should have realized that one on my own.

Ron
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