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To address inconsistencies and weaknesses in revenue recognition, a comprehensive revenue recognition standard was developed entitled a. Revenue Recognition Principle. b. Principle-based Revenue Accounting. c.

To address inconsistencies and weaknesses in revenue recognition, a comprehensive revenue recognition standard was developed entitled

a. Revenue Recognition Principle.

b. Principle-based Revenue Accounting.

c. Rules-based Revenue Accounting.

d. Revenue from Contracts

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