Accounting standards require that revenue must be realized or realizable and earned before it can be recognized.

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Accounting standards require that revenue must be realized or realizable and earned before it can be recognized. Discuss what is meant by the terms real-ized or realizable and earned.

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Auditing and Assurance Services A Systematic Approach

ISBN: 978-1259162343

9th edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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