All of the following categories have established revenue recognition criteria EXCEPT
A) sales of goods.
B) collection of accounts receivable.
C) provision of services.
D) receipt of interest, royalties, and dividends.

Question

Quizplus · Accepted Answer

While the collection of accounts receivable is a key part of the revenue cycle, it is not itself a revenue recognition category. The other options all involve the actual recognition of revenue and have established criteria for when revenue should be recognized.

All of the Following Categories Have Established Revenue Recognition Criteria