Question: a. Identify the two conceptual principles that must be considered in determining whether MRC should accrue a receivable for a possible volume rebate. (Select all

a. Identify the two conceptual principles that must be considered in determining whether MRC should accrue a receivable for a possible volume rebate. (Select all that apply.) A. Does the receivable meet the definition of an asset? B. Does the receivable meet the recognition criteria? C. Will the receivable be received before the financial results must be released? D. Does the receivable affect the amount of equity in the company

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