Specific Industry Guidance Regarding Revenue Recognition Is Prevalent In A)I
B)II
C)III
D)IV

Specific industry guidance regarding revenue recognition is prevalent in $\begin{array}{lll}&\text { GAAP }&\text { IFRS}\\\text { I. } & \text { Yes } & \text { Yes } \\\text { II. } & \text { Yes } & \text { No } \\\text { III. } & \text { No } & \text { Yes } \\\text { IV. } & \text { No } & \text { No }\end{array}$

A) I
B) II
C) III
D) IV