Question: - . ALTHOUGH REVENUE RECOGNITION UNDER NEWLY ISSUED ASC 6 0 6 HAS STANDARDIZED REVENUE RECOGNITION REQUIREMENTS, DOES THIS MEAN THAT EVERY COMPANY WILL REPORT

-. ALTHOUGH REVENUE RECOGNITION UNDER NEWLY ISSUED ASC 606 HAS STANDARDIZED REVENUE RECOGNITION REQUIREMENTS, DOES THIS MEAN THAT EVERY COMPANY WILL REPORT IDENTICAL REVENUE ANOUNTS UNDER A SAME FACT SCENERIO? PLEASE EXPLAIN. 2 SENTENCES MAXIMUM.

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