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  3. which of the following is not an indicator that re

Which of the following is not an indicator that revenue for a service can be...

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Question

Accounting

Which of the following is not an indicator that revenue for a service can be recognized over time?
Multiple Choice
The seller has significant experience with the customer and anticipates fulfillment of the contract.
The customer owns the asset as the seller is constructing it.
The asset being constructed has no alternative use to the seller, and the seller has the right to payment for progress to date even if the customer cancels the contract.
The customer consumes the benefit of the seller's work as it performed.

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