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Revenue from a contract with a customer Question 14Answer is recognized when the customer receives the rights to receive consideration, can be recognized even when
Revenue from a contract with a customer Question 14Answer is recognized when the customer receives the rights to receive consideration, can be recognized even when a contract is still pending. is recognized even if the contract is still wholly unperformed. cannot be recognized until a contract exists
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Business Accounting
Authors: Jill Collis, Andrew Holt, Roger Hussey
3rd Edition
113752149X, 9781137521491
