Multiple Choice
Which of the following must exist prior to the recognition of revenue by a company from the sale of a product?
A) Cash is realized on the sale of the product.
B) A price is discussed based upon the customer's resale of the product.
C) The customer is given the option to return the product at any time.
D) The product is transferred to the customer.
Correct Answer:
Verified
Correct Answer:
Verified
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