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When companies charge up-front, one-time fees, such as initiation, activation, or setup fees, this revenue should be recognized O a. in its entirety, at the

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When companies charge up-front, one-time fees, such as initiation, activation, or setup fees, this revenue should be recognized O a. in its entirety, at the point of sale O b. in its entirety, at the end of the customer relationship c. in a systematic way over the estimated span of the customer relationship d. none of the above When performing a bank reconciliation, deposits in transit should be a. added to the balance per books O b. added to the balance per bank O c. deducted from the balance per books d. deducted from the balance per bank

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