Question: Starbucks statement from 1 0 - K: In the fourth quarter of fiscal year 2 0 1 9 , we licensed the rights to

Starbucks statement from 10-K:"In the fourth quarter of fiscal year 2019, we licensed the rights to sell and market our products in authorized channels to Nestle and also received upfront royalties. This type of revenue will be recognized as "other revenue" on a straight-line basis over the estimated economic life of the arrangements of 40 years." This is an example of ____________. Group of answer choicesMaterialityDeferred revenueOn-time chargeHistorical cost

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