U.S.GAAP sets a higher threshold for the assessment of collectibility.

Name: U.S.GAAP sets a higher threshold for the assessment of collectibility.
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U.S.GAAP requires a higher threshold for the assessment of collectibility compared to other accounting standards. Under U.S.GAAP, companies should only recognize revenue if collection of payment is deemed probable. In contrast, some other accounting standards allow companies to recognize revenue when collection is reasonably assured.

USGAAP Sets a Higher Threshold for the Assessment of Collectibility