Measurement uncertainty does NOT arise from
A)the inability to reasonably estimate related costs of the transaction.
B)the inability to reasonably estimate the consideration of the transaction.
C)the ability to measure the outcome of the transaction.
D)the inability to allocate costs already recorded to the correct account.
Revenue Recognition 6 - 11

Question

Quizplus · Accepted Answer

Measurement uncertainty does not arise from the ability to measure the outcome of the transaction, as this implies that the measurement is certain and clear.

Measurement Uncertainty Does NOT Arise from