Which of the Following Is Not True

question 286

Multiple Choice

Which of the following is not true?

• A) Licensing fees are recognized as revenue over time whenever the seller expects its ongoing activities to affect the benefits that the buyer receives from intellectual property.
• B) License fees are recognized as revenue over time for any license that is viewed as providing a right of access.
• C) License fees are recognized as revenue at a point in time if the buyer expects that the seller's future activities will not affect the benefit the buyer derives from the intellectual property.
• D) Licensing fees are recognized as revenue at the end of the license period, when the seller has completed its performance obligation to provide access to its intellectual property.

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Definitions:

Megasporocyte

Cell within a megasporangium that undergoes meiosis to produce four n megaspores; also called megaspore mother cell. Compare with microsporocyte.

Meiosis

A form of cellular division that halves the number of chromosomes, leading to the creation of either gametes or spores.

Gametophyte

The sexual phase in the life cycle of plants and algae that produces gametes, typically through mitosis.

Biologists

Scientists who study living organisms and their interactions with each other and their environments.