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    Intermediate Accounting Study Set 10
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    Exam 2: Conceptual Framework Underlying Financial Reporting
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    Revenue Generally Should Be Recognized
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Revenue Generally Should Be Recognized

Question 54

Question 54

Multiple Choice

Revenue generally should be recognized


A) at the end of production.
B) at the time of cash collection.
C) when performance is achieved.
D) when performance is achieved and the amount earned is measurable and collectible.

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