Question
Assume you are a technology services provider and you must decide on whether to record revenue from the installation of computer software for one of
Assume you are a technology services provider and you must decide on whether to record revenue
from the installation of computer software for one of your clients. Your contract calls for acceptance
of the software by the client within six months of installation. According to the contract, you will be
paid only when the client "accepts" the installation. Although you have not yet received your client's
formal acceptance, you are confident it is forthcoming. Failure to record these revenues will cause your
company to miss Wall Street's earnings estimates. What stakeholders will be affected by your decision,
and how might they be affected?
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