Business
Business, 07.04.2020 03:15, rashawng2005

The rule that (1) requires revenue to be recognized at the time it is earned, (2) allows the inflow of asset associated with revenue to be in a form other than cash, and (3) measures the amount of revenue as the cas plus the cash equivalent value of any noncash assets received from customers in exchange for goods or servi is called the: A. Going-concern assumption. B. Cost principle. C. Revenue recognition principle. D. Objectivity principle. E. Business entity assumption.

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