Accounting for the Public Interest: A Revenue Recognition Dilemma: Question 1(c) Post your answer to case question 1(c). You must answer 1(b) first but only post your answer to 1(c). You must comment on another student's post to receive full credit. (b) Explain how revenue recognition for bill-and-hold sales under IFRS (Appendix B, Part 4) differs from the GAAP Codification (Appendix B, Part 3). Post your answer to the below question: (c) Would the bill-and-hold sales of stockpiled vaccines, as described in this case, constitute a revenue transaction under IFRS? Why or why not