Financial Reporting and Analysis Q77

0. Under US GAAP, which of the following is least likely a criteria for determining when revenue is realized and earned?

  • Option : C
  • Explanation : Under US GAAP, revenue is recognized only when the product has been delivered, or the services have been rendered.
Cancel reply

Your email address will not be published. Required fields are marked *


Cancel reply

Your email address will not be published. Required fields are marked *