Revenue Recognition
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Publication Date:
August 15, 2000
Source:
Harvard Business School
This case discusses revenue recognition in straightforward situations and then considers revenue transactions that may be more complex to record. Revenue recognition criteria can be implemented for the following situations: 1) Customers pay prior to delivery; 2) Products/services are provided over multiple years; 3) Credit-worthiness of the customer is questionable; and 4) Money-back guarantees are offered.
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Revenue Recognition
Research & References of Revenue Recognition|A&C Accounting And Tax Services
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