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    Intermediate Accounting Reporting and Analysis
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    Exam 17: Advanced Issues in Revenue Recognition
  5. Question
    In Real Estate Sales, What Method of Revenue Recognition Must
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In Real Estate Sales, What Method of Revenue Recognition Must

Question 86

Question 86

Multiple Choice

In real estate sales, what method of revenue recognition must be used if the sale is not consummated?


A) deferral method
B) cost recovery method
C) installment method
D) completed-contract method

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