Under IFRS, which of theUnder GAAP, with respect to multiple-element arrangements, if the revenue for...
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Under IFRS, which of theUnder GAAP, with respect to multipleelement arrangements, if the revenue for a particular part of a multipleelement arrangement does not qualify for separate recognition, it is: Group of answer choices Never recognized. Recognized when the contract is signed or persuasive evidence of an arrangement exists. Recognized at the end of the contract. Recognized when revenue for the other parts is recognized. following is not a condition for recognizing revenue? Group of answer choices For sales of services, the stage of completion can be measured reliably. For sales of goods, the seller has transferred to the buyer the risks and rewards of ownership and doesn't effectively manage or control the goods. The amount of revenue and costs associated with the transaction can be measured reliably. It is reasonably possible that the economic benefits associated with the transaction will flow to the seller.
Under IFRS, which of theUnder GAAP, with respect to multipleelement arrangements, if the revenue for a particular part of a multipleelement arrangement does not qualify for separate recognition, it is:
Group of answer choices
Never recognized.
Recognized when the contract is signed or persuasive evidence of an arrangement exists.
Recognized at the end of the contract.
Recognized when revenue for the other parts is recognized. following is not a condition for recognizing revenue?
Group of answer choices
For sales of services, the stage of completion can be measured reliably.
For sales of goods, the seller has transferred to the buyer the risks and rewards of ownership and doesn't effectively manage or control the goods.
The amount of revenue and costs associated with the transaction can be measured reliably.
It is reasonably possible that the economic benefits associated with the transaction will flow to the seller.
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