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The client has implemented revenue policy with time-based contingencies. An invoice for a creditworthy customer is impor

Posted: Sun Jun 11, 2023 3:58 pm
by answerhappygod
The client has implemented revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and acceptance clause (100 days). Explain when revenue will be recognized.

A. Recognized Immediately
B. Recognized after 60 days
C. Recognized after 100 days
D. Recognized only after manual intervention