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Which of the following is not a criterion to recognize revenue under GAAP? Question 7 options: A . The earnings process must be completed. B
Which of the following is not a criterion to recognize revenue under GAAP?
Question options:
A The earnings process must be completed.
B A product or service must be provided.
C Cash must be collected.
D GAAP requires that the accrual basis accounting principle be used in the revenue recognition process.
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