Question: Question 1 0 ( 1 0 points ) Match the following scenario with the revenue recognition concept under the five - step approach. Question 1

Question 10(10 points)
Match the following scenario with the revenue recognition concept under the five-step approach.
Question 10 options:
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The Company offers a 2% discount if the customer pays within 30 days. Most customers pay within 30 days and take the discount.
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Upon completion of the contract, the cash flow situation at both companies is unchanged.
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A Company offers extended payment terms that go beyond two years.
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It is likely that a customer will pay for the service and the company has delivered the order.
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A company offers to manufacture and install the windows. Each window is custom made and requires significant modification to fit, at the customer's site.
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Coupon rewards are provided to customers at the time of sale.
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The Company sells merchandise to customers for cash. However, it allows for a 90 day return policy.
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Company D manufactures and installs flooring for use in commercial real estate. Customers may purchase from Company D - only the flooring, only the installation, or both the flooring and the installation.
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A construction company regularly engages in projects and can reasonably estimate the probability of completing a job on-time. The contract includes a bonus, if the work is completed by August 31,2025.
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The Company offers all customers a warranty of one year on equipment sold.

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