Which of the following is not an indicator that revenue can be recognized over time?
A) The seller is enhancing an asset that the buyer controls as the service is performed.
B) The customer consumes the benefit of the seller's work as the seller performs the service.
C) The seller is creating an asset that has an alternative use to the seller, and the seller can receive payment for its progress even if the customer cancels the contract.
D) None of these answer choices are correct.
Correct Answer:
Verified
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