Under the FASBs and IASBs forthcoming guidance on revenue recognition, a contract must have which of the following characteristics in order to be judged as persuasive? a. It must have commercial substance.

b. The parties to the contract must have approved it and be committed to perform their respective actions.

c. Rights with respect to the contract are identifiable.

d. The terms of payment must be identifiable.

e. All of the above.