How do merchandisers who report under IFRS recognize revenue? Does this differ for companies that report under ASPE? How do merchandisers who report under IFRS recognize revenue? How do merchandisers who report under ASPE recognize revenue? maining: OUTGOL www.pander IFRS recognize revenue? Does this differ for companies that report under ASPE? How do merchandisers who report under IFRS recognize revenue? EXEN Revenue is recognized only when the likelihood of the return of goods is small. Revenue is recognized when separately identified and reported performance obligations are met. Revenue is recognized when "the requirements as to performance are satisfied" and revenue is likely to be collected. Revenue must be recognized when the sale is made. O Search Time Remaining: 01:23:46 Next ENG 08 7:00 PM US 2023-04-12 point(s) possible Submit quiz How do merchandisers who report under IFRS recognize revenue? Does this differ for companies that report under ASPE? How do merchandisers who report under IFRS recognize revenue? How do merchandisers who report under ASPE recognize revenue? Revenue is recognized only when the likelihood of the return of goods is small. Revenue is recognized when separately identified and reported performance obligations are met. Revenue is recognized when "the requirements as to performance are satisfied" and revenue is likely to be collected Revenue must be recognized when the sale is made. Search G Next ENG US 7:00 PM 2023-04-12