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When Is This Revenue Reportable on the Financial Statements for Northern

Question 43

Multiple Choice

When is this revenue reportable on the financial statements for Northern?


A) Fiscal year ended June 30, 2013.
B) Fiscal year ended June 30, 2012.
C) Half in 2012 and half in 2013.
D) Pro-rated between the two fiscal years based on the number of summer school days in each reporting period.

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