1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marina CMI [18]
3 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]3 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.

You might be interested in
What are the three activities according to which a statement of cash flows is organized?
HACTEHA [7]

Operations, Investing and Financing are the three activities according to which a statement of cash flows is organized.

Cash flow refers to the net balance of cash moving into and out of a business at a specific point in time. Cash is consistently moving into and out of a business.

For example- When a retailer purchases inventory, money flows out of the business toward their suppliers.

To learn more about

brainly.com/question/735261

#SPJ4

8 0
2 years ago
As ceo of a company called adelphia, _____ siphoned off billions of dollars to support his family's extravagant lifestyle and ba
hoa [83]
<span>As ceo of a company called adelphia, John Rigas </span><span>siphoned off billions of dollars to support his family's extravagant lifestyle and bankrupted the company in the process. But eventually, John Rigas was found guilty in embezzling around $ 1 billion from his shareholders and hiding around $2.3 billion worth of Debt from his accounting books.</span>
4 0
3 years ago
Truck drivers for a hauling company, while loading a desk, found a $100 bill that had fallen out of the desk. They agreed to get
Novosadov [1.4K]

Find the given attachments

3 0
4 years ago
________ charts or network diagrams show precedence relationships among the project activities/tasks.
RUDIKE [14]

Answer:

The precedence diagramming method depicts relationships between activities.

Explanation:

Some of its popular applications include: - This approach is used to create network diagrams for project schedules such as critical path, critical chain, and so on. Relationships between activities are depicted using the precedence diagramming method.

3 0
3 years ago
Which of the following items will you need in order to complete the PROFILE?
Viktor [21]

Answer:

I think the answer is D resume

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • A business firm's interaction with the environment is a characteristic of an open system true or false
    7·1 answer
  • Material 1 costs $7 a pound, material 2 costs $5 a pound, and labor costs $15 per hour. Product A sells for $101 a unit, product
    12·1 answer
  • The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): Pretax
    15·1 answer
  • Craigmont Company's direct materials costs are $4,200,000, its direct labor costs total $8,080,000, and its factory overhead cos
    9·1 answer
  • A manufacturing firm's cost of goods manufactured is equivalent to a merchandising firm's: Select one: a. Cost of goods sold. b.
    8·1 answer
  • Christie has just started with a travel agency. and she has been offering clientsand prospective clients a range of packaged tou
    5·1 answer
  • On January 1, Duffy Enterprises issued $100,000 in bonds that mature in 10 years. The bonds were issued at face value. The bonds
    14·1 answer
  • The stockholders’ equity section of Fauberg Marigny Corporation at December 31 is as follows.
    5·1 answer
  • Ray and Chuck own 50 percent capital and profits interests in Alpine Properties LLC. Alpine builds and manages rental real estat
    8·1 answer
  • 1) A small firm employs nine workers. The wages it pays to these workers are $200, $220, $280, $300, $310, 320, $330, $350 and $
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!