A

Admin • 802.91K Points
Coach

Q. Revenue is generally recognized at the point of:

  • (A) Cash receipt
  • (B) Order placement
  • (C) Goods delivery or services rendered
  • (D) Invoicing
  • Correct Answer - Option(C)
  • Views: 2
  • Filed under category Accounting
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Explanation by: Admin
Revenue is recognized when goods are delivered or services rendered, as per accrual concept.

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