As per realization principle, revenue will be recognized:
The realization principle states that revenue should be recognized or recorded when goods or services have been delivered to the customer and the company can reasonably expect to receive payment for those goods or services. In other words, revenue is recognized when there is an earning process completed, and there is a reasonable assurance of payment. Therefore, option c, "When goods have been delivered," is the correct answer as per the realization principle.
According to Census 2011, what is the percentage of the rural workforce?
The sensory chemoreceptors is located in the …. region of a nematode?
Optical sensor used for real-time precision of Nitrogen management in agricultural crops is
Central institute for cotton research (CICR), center for germplasm collection is located at _____
The phenomenon slickenside is found in
Second irrigation commission was appointed in
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Tobacco was introduced to India during the reign of _____by the _____
Which of the following weed is used as a green vegetable?
Which of the following is a natural circulation type freezer?