Which of the following is false?

A$.$ A liability is created when cash is received prior to delivery of the goods or services.

B$.$ Revenue is recognized at the time of delivery of the goods or services if cash is

received.

C$.$ Revenue is not recognized at the time of delivery of goods and services if cash is

received after delivery of the goods and services.

D$.$ Collecting cash after delivery of a good or service does not create revenue on the

income statement at the date of collection.