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The new guidance of revenue recognition (i.e. the 5 steps) gives bright-line rules instead of a judgment-based standard for revenue recognition. O False O True

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The new guidance of revenue recognition (i.e. the 5 steps) gives bright-line rules instead of a judgment-based standard for revenue recognition. O False O True The new guidance of revenue recognition (i.e. the 5 steps) gives bright-line rules instead of a judgment-based standard for revenue recognition. O False O True

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