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    Business
  3. Study Set
    Financial Accounting for MBAs
  4. Exam
    Exam 3: Transactions, Adjustments, and Financial Statements
  5. Question
    Revenue Is Typically Recorded as Earned When Cash Is Received
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Revenue Is Typically Recorded as Earned When Cash Is Received

Question 9

Question 9

True/False

Revenue is typically recorded as earned when cash is received because that is when the company can measure the revenue objectively.

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