Question: If answer is (b), then why are (a)and(d) incorrect? Which of the following conditions must be met before revenue is recognized? a) goods and/or services

If answer is (b), then why are (a)and(d) incorrect? Which of

If answer is (b), then why are (a)and(d) incorrect?

Which of the following conditions must be met before revenue is recognized? a) goods and/or services must be delivered to the customer b) the amount to be collected must be objectively measurable c) the customer must be happy with the service d) there can be no possibility that the customer will not pay the bill

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