Multiple Choice
Mesquite,Inc.is ordering a new machine to be used in its manufacturing facility.Which of the following events would trigger the recognition of the machine and related liability on Mesquite's books?
A) The company generates a purchase order.
B) A technician installs the machine on the floor of the manufacturing facility.
C) The company receives the machine.
D) The company pays the bill from the supplier.
Correct Answer:
Verified
Correct Answer:
Verified
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