Which of the Following Criteria Must Be Met in Order

question 103

Multiple Choice

Which of the following criteria must be met in order to recognize revenue in the current accounting period?

• A)delivery has occurred or the services have been rendered.
• B)price is fixed or determinable.
• C)collectibility if reasonably assured.
• D)all of the above.

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Definitions:

Wrapper Class

A class in Java that encapsulates primitive types in an object, allowing primitives to be included in operations requiring objects.

Reserved Word

A word that is part of the vocabulary of a programming language with a special meaning and cannot be used as an identifier.

Java

A high-level, class-based, object-oriented programming language that is widely used for developing mobile, web, and desktop applications.

Constructor

A specialized method used to initialize new objects in a class.