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Which of the following requires income to be recognized on a specific date and not over time? Select one: a. royalties received from a franchise
Which of the following requires income to be recognized on a specific date and not over time?
Select one:
a. royalties received from a franchise agreement
b. $ 1,200 one-year annual contract to clean a customer's pool.
c. sale of functional intellectual property
d. sale of gift cards
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