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Revenue recognition 1) revenue is recognized when earned- true or false? 2) revenue is recognized when the performance obligation has been satisfied- true or false?

Revenue recognition

1) revenue is recognized when earned- true or false?

2) revenue is recognized when the performance obligation has been satisfied- true or false?

Help? do these things mean the same thing and are they both true? to me, they sound the same but please correct me if I'm wrong! please help and thanks in advance!

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