[Solved] Which of the Following Is Not True?

Question 143
Multiple Choice

Which of the following is not true?

A)Licensing fees are recognized as revenue over time for any licenses for which the seller expects its ongoing activities to affect the benefits that the buyer receives from intellectual property.
B)License fees are recognized over time for any license that is viewed as providing a right of access.
C)License fees are recognized as revenue at a point in time if the buyer expects that the seller's future activities will not affect the benefit the buyer derives from the intellectual property.
D)Licensing fees are recognized as revenue at the end of the license period,when the seller has completed its performance obligation to provide access to its intellectual property.

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