Staff Accounting Bulletin Topic 13, "Revenue Recognition," Indicates That Revenue

Multiple Choice

Staff Accounting Bulletin Topic 13, "Revenue Recognition," indicates that revenue is considered realized or realizable and earned when four criteria are met. Which of the following is one of these criteria?

A) Collectibility is reasonably assured.
B) Goods have been scheduled to be delivered or services have been scheduled to be rendered within the current fiscal period.
C) The seller has located alternate buyers.
D) All of the above