Unrestricted grant revenues with a time requirement should be recognized
A) when the award is announced.
B) when the cash is received.
C) in the period in which the grant is required to be used.
D) when expenditures are recognized on grant-related activities.

Question

Quizplus · Accepted Answer

The Answer of Unrestricted grant revenues with a time requirement should be recognized
A) when the award is announced.
B) when the cash is received.
C) in the period in which the grant is required to be used.
D) when expenditures are recognized on grant-related activities.

Unrestricted Grant Revenues with a Time Requirement Should Be Recognized