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    International Financial Reporting Standards
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    Exam 20: Revenue From Contracts With Customers
  5. Question
    Generally, Revenue Is Recognized When It Is Probable That an Entity
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Generally, Revenue Is Recognized When It Is Probable That an Entity

Question 4

Question 4

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Generally, revenue is recognized when it is probable that an entity will receive the economic benefits associated with the revenue and the amount of revenue can be reliably measured.

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