Rules of revenue recognition determine that earning process should be either complete or near completion under:

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The Realization Concept in accounting states that revenue should only be recognized when the earning process is complete or nearly complete, and there is reasonable certainty as to the collection of the revenue. This principle ensures that revenue is recorded in the period in which it is earned, providing a more accurate picture of a company's financial performance.

Rules of Revenue Recognition Determine That Earning Process Should Be