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2. A company sells a machine in a bill and hold arrangement. The 4 criteria have been met to let the machine be classified as
2. A company sells a machine in a bill and hold arrangement. The 4 criteria have been met to let the machine be classified as a bill and hold item. When can the seller recognize the revenue? A) When the machine is shipped B) When there is a verbal agreement C) When control and title are transferred D) When the machine is being built
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