When do most companies usually recognize revenue as earned and record the revenue?
A)when the customer's order is received
B)when title and risks of ownership pass to the buyer
C)when the order is delivered
D)when payment is received

Name: When do most companies usually recognize revenue as earned and record the revenue? A)when the customer's order is received B)when title and risks of ownership pass to the buyer C)when the order is delivered D)when payment is received
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Question

Quizplus · Accepted Answer

The Answer is B

When Do Most Companies Usually Recognize Revenue as Earned and Record