Question: Question 5 1 pts The realization ( or revenue recognition ) principle states that: Revenue should be recognized in the period when it is earned.

Question 5
1 pts
The realization (or revenue recognition) principle states that:
Revenue should be recognized in the period when it is earned.
The cost of an asset should be allocated over its useful life.
The item is not significant enough to influence decisions.
Revenue should be recognized when cash is received.
Question 5 1 pts The realization ( or revenue

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