Which of the following is not required for the recognition

Reference no: EM13304105

Which of the following is not required for the recognition of revenue?

A) Receipt of cash by the seller at the time of sale
B) Seller must receive an item ultimately realizable in cash, non-cash resources, or claims to cash
C) The earnings process must be essentially complete
D) The transaction must create a measurable financial statement element which fulfills the definition of a revenue

Reference no: EM13304105

Questions Cloud

What is the resistance between the hands : The average resistivity of the human body (apart from surface resistance of the skin) is about 5.5 ?·m. What is the resistance between the hands if the skin resistance is negligible

Compute the beginning of the month inventory : You also want to begin the first month of your second year of business with $ 250,000.00 in inventory at retail prices. Please compute the beginning of the month inventory for each of the next 12 months.

What is the power delivered to the screen by electron beam : The electron beam inside a television picture tube is 0.4 mm in diameter and carries a current of 55 µA. What is the power delivered to the screen by the electron beam

What is the final balance in the allowance : After recording bad debts expense, what is the final balance in the allowance for doubtful accounts?

Which of the following is not required for the recognition : Which of the following is not required for the recognition of revenue?

How many electrons would fit in this main shell : Consider a Hydrogen atom with the electron in the n = 8 shell. What is the energy of this system, How many electrons would fit in this main shell

Determine max force the hand can apply without fracturing : The force exerted on the hand causes torsion of the humerus. Let us assume the cross-section of this wrestler's humerus is approximated as hollow (the marrow has little structural strength) with an outer diameter of 19.0 mm and an inner diameter o..

Find an expression for the light intensity transmitted : Two ideal polarizers A and B are aligned so that their transmission axis are vertical and horizontal respectively. Assuming that unpolarized light of intensity Io is incident upon the first polarizer (Polarizer A), find an expression for the light ..

Determine the head loss for the clean filter bed : The rapid sand filter being designed for Laramie has the characteristics show below. Determine the head loss for the clean filter bed in a stratified condition. Depth = 0.75 m

User Account

All Pages