[Solved] Stayman Associates Has Sold a Good to a Buyer and Wants

Question 89
Multiple Choice

Stayman Associates has sold a good to a buyer and wants to recognize revenue.Which of the following is an indicator that control of a good has passed from Stayman to the buyer?

A)Buyer has scheduled delivery.
B)Buyer has a strong credit history,such that bad debts are reasonably estimable.
C)Buyer has not scheduled delivery.
D)Buyer has assumed the risk and rewards of ownership.

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