To Recognize Revenue After the Time of Sale,there Must Be

question 104

Multiple Choice

To recognize revenue after the time of sale,there must be extreme uncertainty regarding the amount of cash to be collected or

• A)there must be substantial future services required whose costs cannot be reasonably estimated.
• B)units are heterogeneous.
• C)the product is immediately salable at quoted market prices.
• D)a formal contract must be signeD.

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Definitions:

Aversive Event

An unpleasant or noxious stimulus that an organism seeks to avoid or escape.

Manipulate to Obtain

A strategic action of influencing or controlling someone or something to achieve a desired outcome.

Fixed-Ratio Schedule

In operant conditioning, a reinforcement schedule that reinforces a response only after a specified number of responses.

Specified Time

A clearly defined or identified moment or period on a timeline.