Which of the Following Situations Would Require the Recognition of Revenue

Multiple Choice

Which of the following situations would require the recognition of revenue to be deferred?

A) when the economic reality of a transaction represents a sale, even though title has not passed to the buyer
B) when the realizability of the receivable from a sale is not reasonably assured
C) when the risks of ownership have been transferred to the buyer
D) when the benefits of ownership have been transferred to the buyer