Which of the Following Represents Two of the Four Criteria

Multiple Choice

Which of the following represents two of the four criteria that must be met before revenue can be included in the income statement?

A) The amount of revenue must be objectively measurable and the cash must be collected.
B) The company elects to record the revenue and the cash for payment is relatively certain.
C) The company must intend to transfer the goods or services to the buyer and the collection of cash must be reasonably assured.
D) The collection of cash must be reasonably assured and the seller's price to the buyer is fixed or determinable.