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How to recognize revenue from the sale of goods

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Reference no: EM131705165

Question: Which of the following is not a criterion that must be met to recognize revenue from the sale of goods?

a. The amount of revenue can be measured reliably.

b. The significant risks and rewards of ownership of the goods have been transferred to the buyer.

c. The costs incurred or to be incurred with respect to the sale of the goods can be measured reliably.

d. It is certain that the economic benefits associated with the sale will flow to the seller.

Reference no: EM131705165

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