Question: 4 Companies recognize revenue only when: Multiple Choice a performance obligation is designated in a written contract. a contract is reasonably likely to exist. control
Companies recognize revenue only when:
Multiple Choice
a performance obligation is designated in a written contract.
a contract is reasonably likely to exist.
control over goods or services has been transferred from the seller to the customer.
a written contract is in place and payment is variable Companies recognize revenue only when:
Multiple Choice
a performance obligation is designated in a written contract.
a contract is reasonably likely to exist.
control over goods or services has been transferred from the seller to the customer.
a written contract is in place and payment is variable.
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