{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T06:56:42-04:00", "answer_date": "2024-06-28 06:56:42", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4258468", "url": "\/study-help\/questions\/p43-range-of-revenue-recognition-alternatives-lo-41-medium-4258468", "question_creation_date_js": "2024-06-28T06:56:42-04:00", "question_creation_date": "Jun 28, 2024 06:56 AM", "meta_title": "[Solved] P4-3. Range of revenue recognition altern | SolutionInn", "meta_description": "Answer of - P4-3. Range of revenue recognition alternatives LO. 4-1) (Medium - 10 minutes) Throughout the years, there have been m | SolutionInn", "meta_keywords": "p4-3,range,revenue,recognition,alternatives,lo,4-1,medium,-,10,minutes,years", "question_title_h1": "P4-3. Range of revenue recognition alternatives LO. 4-1) (Medium - 10 minutes) Throughout the years, there have been many instances in which companies have had", "question_title": "P4-3. Range of revenue recognition alternatives LO. 4-1) (Medium - 10 minutes)", "question_title_for_js_snippet": "P4 3 Range of revenue recognition alternatives LO 4 1) (Medium 10 minutes) Throughout the years, there have been many instances in which companies have had to restate previously issued financial statements after investigations by security regulators Usually, the restatements involve adjustments to reverse overstated assets or income About half of these overstatements involve revenue recognition Required In light of this evidence, evaluate whether revenue recognition criteria should be changed to the cash basis", "question_description": "
\"image<\/div><\/div><\/div> P4-3. Range of revenue recognition alternatives LO. 4-1) (Medium - 10 minutes) Throughout the years, there have been many instances in which companies have had to restate previously issued financial statements after investigations by security regulators. Usually, the restatements involve adjustments to reverse overstated assets or income. About half of these overstatements involve revenue recognition. Required: In light of this evidence, evaluate whether revenue recognition criteria should be changed to the cash basis", "transcribed_text": "", "related_book": { "title": "Auditing Cases An Active Learning Approach", "isbn": "0130674842, 978-0130674845", "edition": "2nd Edition", "authors": "Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/64ed8a8041add_6938.jpg", "uri": "\/textbooks\/abnormal-psychology-clinical-perspectives-on-psychological-disorders-1st-edition-9781266566899", "see_more_uri": "" }, "free_related_book": { "isbn": "1612092675", "uri": "\/textbooks\/the-economic-development-administration-uk-edition-978-1612092676-282081", "name": "The Economic Development Administration", "edition": "Uk Edition" }, "question_posted": "2024-06-28 06:56:42", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/which-of-the-following-would-not-be-considered-confidential-information", "description": "Which of the following would not be considered confidential information obtained in the course of an engagement for which the clients consent would be needed for disclosure? a. 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