Question: Blood River Productions enters into a sale agreement for its recent film. A sale occurs when the entity transfers control of the master copy of

Blood River Productions enters into a sale agreement for its recent film. A sale occurs when the entity transfers control of the master copy of a film and all the associated rights that go along with it (that is, an entity sells and gives up all rights to a film). What conditions must exist so that Blood River Productions can recognize revenue from the sale?

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