Please help answer the following Multiple Choice Questions for homework help:

Under which one of the following situations can a company recognize revenue under Generally Accepted Accounting Principles? O 1) A customer signs a contract to purchase goods to be delivered in two weeks. 2) A company completes production of a customer order to be delivered in two weeks. O 3) A company ships the goods for which it received a deposit two weeks ago. 4) A company receives a cash deposit from a customer to deliver goods in two weeks. 5) A company purchased raw materials to complete production of a customer order. Question 20 (1 point) Generally accepted accounting principles are O 1) not used in the real world 0 2) are required to make financial statement information relevant and faithfully represented O 3) are only used for internal reporting O 4) are only used by auditors O 5) are only used for reporting to Canada Revenue Agency