n the four situations below, regarding revenue that arises from others’ use of entity assets (i.e. interest, royalties and dividends), which of the four situations is one when it would be...

n the four situations below, regarding revenue that arises from others’ use of entity assets (i.e. interest, royalties and dividends), which of the four situations is one when it would be inappropriate to recognize the revenue? (a) When it is probable that the economic benefits associated with the transaction will flow to the enterprise. (b) When the amount of the revenue can be measured reliably. (c) When the contract is signed. (d) When the payment is received.



May 26, 2022
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