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    Financial Accounting Tools Study Set 4
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    Exam 4: Accrual Accounting Concepts
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    In a Service-Type Business, Revenue Is Recognized
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In a Service-Type Business, Revenue Is Recognized

Question 190

Question 190

Multiple Choice

In a service-type business, revenue is recognized:


A) at the end of the month.
B) at the end of the year.
C) when the service is performed.
D) when cash is received.

Correct Answer:

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