Tech Co. manufactures consumer electronics and has a contract with a customer to deliver 1,000 televisions. Which of the following is one of the criteria that must be met in order for this to be a contract with the customer for revenue recognition?

Select one:

a. Collectability of the amount due from the customer is reasonably assured.

b. It is probable that Tech Co. will collect substantially all of the consideration to which it will be entitled for the televisions that will be transferred.

c. The contract must be written.

d. The price is fixed or determinable.

e. All of these