Which I NOT included in the five-step process of revenue recognition? Select one O Alcate price to performance obligation Identify performance obligation 0 Recognize revenue when performance obligation a probable O a. Identity contract with customer In revenue recognition an allocation is needed it more than one performance obligation exists. This allocation is usually based on a weighted werage of Sulector O a Market values b. Present values Octook values O d. Contract Values In a four-column December proof of cash reconciling Bank to Book which item would appear as an addition in columns we and four? Select one O a December collection by bank b. December deposit in transit O December service charge Od. December outstanding check Which statement is TRUE? Select one O At year-end a journal entry to increase assets by the estimate of future inventory returns should be made O Inventory on consignment should be induded in the consgnee's inventory count until sold Oc For Assurance type warranties, warranty expense is allocated over the life of the warranty O d. For service-type warranties warranty revenue is recorded in the year of the sale of the additional waranty