C17.16. Therealization principle, which recognizes revenues at pointof sale,is saidto be an accounting principle thatimproves thequality of
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C17.16. Therealization principle, which recognizes revenues at pointof sale,is saidto be an accounting principle thatimproves thequality of reporting. Companies cannot estimate theirfuture revenues; rather they must have a firm customer before they can recognize revenue. Do you see the realization principle as a desirable accounting principle?
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Rayan Gilbert
I have been teaching since I started my graduation 3 years ago. As a student, working as Teacher/PA has been tough but made me learn the needs for student and how to help them resolve their problems efficiently. I feel good to be able to help out students because I'm passionate about teaching. My motto for teaching is to convey the knowledge I have to students in a way that makes them understand it without breaking a sweat.
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Related Book For 
Financial Statement Analysis And Security Valuation
ISBN: 9780071267809
4th International Edition
Authors: Penman-Stephen-H, Steven Penman
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