The Realization Principle Leads Accountants to Usually Recognize Revenue At

question 57

Multiple Choice

The realization principle leads accountants to usually recognize revenue at:

• A) the end of production
• B) during production
• C) the receipt of cash
• D) the point of sale
• E) none of the answers are correct

---

Definitions:

Oedipus Complex

A psychological theory by Sigmund Freud that describes a child's feelings of desire for the opposite-sex parent and jealousy toward the same-sex parent.

Psychosexual Stage

Stages proposed by Freud detailing the sexual development and maturation process from childhood through adulthood.

Opposite-Sex Parent

A child's parent of the gender different from their own, often discussed in the context of developmental psychology.

Identifying

The process of recognizing and naming someone or something.