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The new standard, Revenue from Contracts with Customers, a. adopts an asset-liability approach for revenue recognition. O b. adopts criteria that deemphasize the importance
The new standard, Revenue from Contracts with Customers, a. adopts an asset-liability approach for revenue recognition. O b. adopts criteria that deemphasize the importance of contracts with customers. c. adopts "risks and rewards" criteria. d. adopts a revenue-gain approach for revenue recognition.
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
