The term revenue recognition conventionally refers to
A)The process of identifying transactions to be recorded as revenue in an accounting period.
B)The process of measuring and relating revenue and expenses of an enterprise for an accounting period.
C)The earning process that gives rise to revenue realization.
D)The process of identifying those transactions that result in an inflow of assets from customers.

Question

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The Answer of The term revenue recognition conventionally refers to
A)The process of identifying transactions to be recorded as revenue in an accounting period.
B)The process of measuring and relating revenue and expenses of an enterprise for an accounting period.
C)The earning process that gives rise to revenue realization.
D)The process of identifying those transactions that result in an inflow of assets from customers.

The Term Revenue Recognition Conventionally Refers to