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If a company sells on the installment basis which allows a customer to pay monthly payments, the company: A) Should use the installment method of
If a company sells on the installment basis which allows a customer to pay monthly payments, the company: A) Should use the installment method of revenue recongnition. B) Should use the installment method of revenue recognition if account payment is uncertain. C) Should use the percentage of completion method of revenue recognition. D)Should charge customers a fee for the time value of money.
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