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A company has satisfied its performance obligation when the Group of answer choices company has received payment for goods or services. company has significant risks
A company has satisfied its performance obligation when the
Group of answer choices
company has received payment for goods or services.
company has significant risks and rewards of ownership.
company has legal title to the asset.
company has transferred physical possession of the asset.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
10th edition
9780077515904, 007802529X, 77515900, 978-0078025297
