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Marina CMI [18]
2 years ago
9

If consideration is received before a contract is identified and the consideration is nonrefundable, revenue may be recognized i

f:
Business
1 answer:
Studentka2010 [4]2 years ago
3 0

Answer: Any of these answer choice is correct.

Explanation:

You didn't put the options to the question. The options are:

• There is no remaining obligation to transactions goods.

• The contract has been terminated.

• Goods have been delivered.

• Any of these answer choice is correct.

When consideration has been received before a contract is identified and the consideration is nonrefundable, then the revenue may be recognized when:

• There is no remaining obligation to transactions goods.

• The contract has been terminated.

• Goods have been delivered

Therefore, the correct option is any of the answer choice is correct.

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Under which circumstances must an employer provide a guardrail?
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A, B and D

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