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    The Proposed New Revenue Recognition Model Currently Being Studied by the IASB
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The Proposed New Revenue Recognition Model Currently Being Studied by the IASB

Question 47

Question 47

Multiple Choice

The proposed new revenue recognition model currently being studied by the IASB and FASB is the


A) contract-based approach.
B) earnings approach.
C) percentage of completion method.
D) completed contract method.

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