Under the accrual method, the timing of revenue recognition is influenced by when the services or product are provided.

Name: Under the accrual method, the timing of revenue recognition is influenced by when the services or product are provided.
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Quizplus · Accepted Answer

Under the accrual method of accounting, revenue recognition is based on when the services or products are provided, regardless of when the payment is received. This means that revenue is recognized when it is earned, not when the money is actually received.

Under the Accrual Method, the Timing of Revenue Recognition Is