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Ford Motor Company Ford Motor Company also faced challenges with the new revenue recognition standard. The company had to change its revenue recognition policies for
Ford Motor Company Ford Motor Company also faced challenges with the new revenue recognition standard. The company had to change its revenue recognition policies for its vehicle sales and leasing operations. Under the new standard, Ford recognizes revenue from vehicle sales at the point of delivery to the dealer, rather than at the point of production. This change resulted in a significant decrease in recognized revenue, as the company now has to wait until the vehicle is delivered to the dealer before it can recognize the revenue
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