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Revenue from a long-term contract may be recognized while the performance obligation is being met when: a) Collection is assured and the estimates of progress
Revenue from a long-term contract may be recognized while the performance obligation is being met when:
a) Collection is assured and the estimates of progress toward the completion are reasonably reliable
b) Collection is not assured and the estimates of progress toward the completion are not reasonably reliable
c) Collection is not assured and the estimates of progress toward the completion are reasonably reliable
d) Collection is assured and the estimates of progress toward the completion are not reasonably reliable
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