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The SRI Company Provides Substantial Services After the Time of Product

Question 123

Multiple Choice

The SRI company provides substantial services after the time of product sale and this condition introduces uncertainty.Which of the following is true?


A) Under some circumstances the firm recognizes revenue sometime after the sale.
B) Under some circumstances this uncertainty is sufficient to preclude the firm's recognizing revenue at the time of sale.
C) The firm always recognizes revenue at the time of sale.
D) Both choices a and b are true.
E) None of the above is true.

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