When would licence revenue be recognized for a contract that allows the customer, under license, to use

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When would licence revenue be recognized for a contract that allows the customer, under license, to use a manufacturing process for five years?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Feb 17, 2015 07:55 AM

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When would licence revenue be recognized for a contract that allows the customer, under license, to use

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Recognize revenue over time In other cases the lice...View the full answer

Intermediate Accounting

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