Question: Under U.S. GAAP, when does a company recognize revenue for financial reporting purposes? Select one: O a. When the cash is received from the customer

Under U.S. GAAP, when does a company recognize revenue for financial reporting purposes? Select one: O a. When the cash is received from the customer for goods services o b. When the company purchases the goods as inventory o c. When the company provides the goods or services to the customer O d. When the customer agrees to purchase the goods or services from the company
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