Question: PLEASE EXPLAIN/SHOW ALL WORK Profit is earned (realized) at the time the goods or services are passed to the customer and the customer incurs liability

PLEASE EXPLAIN/SHOW ALL WORK

PLEASE EXPLAIN/SHOW ALL WORK Profit is earned (realized) at the time the

Profit is earned (realized) at the time the goods or services are passed to the customer and the customer incurs liability for them. Matching Revenue recognition O Cost measurement O None of the above

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