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Professor Kuhlman at the University of Kansas is teaching her students about revenue recognition. Which of the following is not one of the five steps

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Professor Kuhlman at the University of Kansas is teaching her students about revenue recognition. Which of the following is not one of the five steps for recognizing revenue? [5 points] Only recognize revenue when all the performance obligations have been satisfied Determine the transaction price Identify the contract with a customer Allocate the transaction price to the separate performance obligations Identify the separate performance obligation(s) in the contract

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