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  2. Topic
    Business
  3. Study Set
    Principles of Financial Accounting
  4. Exam
    Exam 3: Adjusting the Accounts
  5. Question
    Revenue Is Recognized in the Period in Which It Was
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Revenue Is Recognized in the Period in Which It Was

Question 4

Question 4

True/False

Revenue is recognized in the period in which it was received rather than when it was earned.

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