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  3. 14. the revenue recognition principle indicates t

14. The revenue recognition principle indicates that revenue is recognized when it is probable...

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Question

Accounting

14.

The revenue recognition principle indicates that revenue is recognized when it is probable that the

a.

economic benefits will flow to the company
b.

benefits can be measured reliably
c.

economic benefits will flow to the company and the benefits can be measured reliably
d.

none of these

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