The use of the net method of recognizing revenue by an agent is appropriate as long...

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The use of the net method of recognizing revenue by an agent is appropriate as long as both revenue and costs are included. could result in an overstatement of the agent's revenue. O is the correct method in a principal-agent relationship. O could result in an understatement of the agent's revenue. The use of the net method of recognizing revenue by an agent is appropriate as long as both revenue and costs are included. could result in an overstatement of the agent's revenue. O is the correct method in a principal-agent relationship. O could result in an understatement of the agent's revenue.