According to International Financial Reporting Standards, which of the following is one of the conditions that must be met for revenue recognition to occur()
A: Costs can be reliably measured.
B: Payments has been partially received.
C: Goods have been delivered to the customer.
A: Costs can be reliably measured.
B: Payments has been partially received.
C: Goods have been delivered to the customer.
举一反三
- Apart from special circumstances,the value of the goods for which compensation must be made,if they have been lost or damaged,()that which they would have had at the time and place at which they ought to have been delivered in proper condition. A: contains B: remains C: has D: i
- Which of the following statements about financial reporting standards is least accurate Reporting standards:() A: narrow the range within which management estimates can be seen as reasonable. B: make financial statements comparable to one another. C: are disclosed on Form 8 -K by publicly traded firms in the United States.
- She _______ fifty or so when I first met her at a conference. A: had been B: must be C: has been D: must have been
- Which of the following organizations is least likely involved with enforcing compliance with financial reporting standards A: Financial Service Authority (FSA). B: Securities and Exchange Commission (SEC). C: International Accounting Standards Board (IASB).
- Have you received the parcel? /........................... by you? A: Has the parcel been received B: Have the parcel been received C: Have the parcel received