The Principle That States Revenue Should Be Recognized at the Time

question 75

Multiple Choice

The principle that states revenue should be recognized at the time goods are sold or services rendered is called:

• A)Adequate disclosure.
• B)Conservatism.
• C)Matching.
• D)Revenue realization.

---

Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience, often within a specific domain or organization.

Aesthetic Aspects

Elements related to beauty or the appreciation of beauty, especially in art or design.

Symbolic Aspects

Elements that represent or signify ideas and concepts beyond their literal sense.

Graphic Art

Visual art forms that involve the creation of works primarily in a graphic medium, such as drawing, engraving, or printing.