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Given that the prudence is the main consideration,discuss under what circumstances,if any,revenue might be recognized at the following stages of a sale. a)Goods have been

Given that the prudence is the main consideration,discuss under what circumstances,if any,revenue might be recognized at the following stages of a sale.

a)Goods have been acquired by the business,which it confidently expects to resell very quickly.

b)A customer places a firm order for goods.

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