According to the joint new standard for revenue recognition, issued by FASB and IASB, which item below is NOT necessary? OA. Identify the contract with the customer. B. Recognize expenses as the entity satisfies the performance obligations O C. Identify the separate performance obligations in the contract O D. Allocate the transaction price to the separate performance obligations in the contract Click to select your answer javascriptdolxercise(15) Type here to search