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Discuss the consequences of dropping out and the educational and social factors that may lead an individual to do so.Provide statistical data to support your answer.
Revenue Recognition
The accounting principle that income should be reported in the accounting period when it is earned, regardless of when the cash is received.
Percentage of Completion
An accounting method used to recognize revenues and expenses of long-term contracts as a percentage of work completed during the period.
Revenue Recognition
Accounting principle determining the specific conditions under which revenue is recognized or recorded.
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