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What method where revenue is recognized at the time of sale

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Reference no: EM132709774

Problem 1: An acceptable method for recognizing profit when the collection of cash is doubt is the:

a. Percentage of completion method

b. Installment method

c. Zero profit method

d. Consignment method

Problem 2: Under what method where revenue is recognized at the time of sale?

a. Installment sale method

b. Accrual method

c. Cost recovery method

d. Profit realization method

Reference no: EM132709774

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