Question: Consider the following examples: . A long-term construction company (such as one that builds highways) . A fitness center where membership dues are paid upfront

Consider the following examples: . A long-term construction company (such as one that builds highways) . A fitness center where membership dues are paid upfront and quarterly Select one example and respond to the following in a minimum of 175 words: . When do you think revenue would be recognized? . When would the two revenue recognition criteria be met? . What is the risk to users of financial statements if revenue is recognized too early

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