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Which of the following does not describe a characteristic of revenue recognition? Question 1 options: Cash must be received from the customers. Revenue can be

Which of the following does not describe a characteristic of revenue recognition?

Question 1 options:

Cash must be received from the customers.

Revenue can be measured with reliability.

Revenue has been earned at a point of sale or services performed.

Revenue has been earned at an objectively determined point in the operating cycle.

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