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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 17: Advanced Issues in Revenue Recognition
  5. Question
    A Company That Is Considered to Be an Agent in a Revenue-Producing
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A Company That Is Considered to Be an Agent in a Revenue-Producing

Question 90

Question 90

True/False

A company that is considered to be an agent in a revenue-producing transaction will recognize revenue for the net amount of consideration received from the customer.

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