Firms Recognize Revenue, or Income, Under the Following Condition(s)

Multiple Choice

Firms recognize revenue, or income, under the following condition(s)

A) completion of the earnings process, only.
B) receipt of assets from the customer, only.
C) completion of the earnings process and receipt of assets from the customer.
D) receipt of cash from the customer, only.
E) commencement of the earnings process, only.