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Question # 2 0 - The principle of revenue recognition results in: a . Recording revenue in the income statement. b . Recording realized revenue

Question # 20- The principle of revenue recognition results in:
a. Recording revenue in the income statement.
b. Recording realized revenue when it is earned.
c. Measuring relevant and reliable information whenever a transaction has occurred.
d. Assuring the existence of all amounts recorded as net income.
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