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jarptica [38.1K]
3 years ago
6

Consistent with____recognition principle, companies record revenue at the time goods are provided to customers.

Business
1 answer:
Sonbull [250]3 years ago
4 0

Answer:

Revenue

Explanation:

In finance, revenue recognition principle can be associated to acrrual accounting, it stated that recognition of revenue should only take place when revenue is earned or received, it shouldn't be when there is received cash. It helps to know periods that revenue is needed to be recognized.

It should be noted that Consistent with revenue recognition principle, companies record revenue at the time goods are provided to customers.

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Answer: feature, Advantage and benefit

Explanation: FAB statement which is Feature, Advantage and Benefit is a marketing strategy tool that explains what a product or service, what it does, how it benefits a prospective client. The easiest thing to identify in a product is it's feature which are the characteristics about your products, and services. For example, This television's solid-state design represents the feature. Advantages means the edge your product or service has against other competitors eg

More vivid picture- Advantage

While Benefit represents what the client will achieve from the purchase of such good or service eg

that will make your television viewing more enjoyable--- Benefit.

Cheers!

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Explanation:

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