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Which of the following situations is a violation of the revenue recognition principle? ...

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Question

Accounting

Which of the following situations is a violation of the revenue recognition principle?

a.

Recording revenues when the goods or service is provided
b.

Recording expenses when the cost is incurred
c.

Recording revenues when the cash is received and the service is provided
d.

Recording revenues when the cash is received and the service has not yet been provided

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