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At what point should Rabbit recognize commission revenue

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Reference no: EM132757753

Question - Bunny Company consigns a portion of its inventory to Rabbit Industries who charges a fee of 5%. At what point should Rabbit recognize commission revenue from this arrangement?

A: at fiscal year-end

B: upon receipt of the goods from Bunny

C: upon selling the goods for Bunny

D: upon receiving cash from the sale

Reference no: EM132757753

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