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Determine company recognizes revenue in income statement

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Question 1. A company recognizes revenue in its income statement only when:

Point A. The company has delivered the product or service and earned the right to receive payment.

Point B. When title of the product or service is transferred to the customer.

Point C. When the company has satis?ed its performance obligations.

Point D. None of the above. POP"

Reference no: EM132462856

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