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According to ASC 605, Revenue from Contracts with Customers , when identifying a contract with customers, it should include the following components Payment terms are

According to ASC 605, Revenue from Contracts with Customers, when identifying a contract with customers, it should include the following components

Payment terms

are identified

Consideration paid to customer

  • A.

    Yes

    Yes

  • B.

    No

    No

  • C.

    No

    Yes

  • D.

    Yes

    No

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