What is the revenue recognition principle? Are there any exceptions to this rule? If so, what are they? If not, explain why
The revenue recognition principle requires that revenues are recognized when they are realized or realizable and earned. Normally, this is when a product or service is delivered to the customer. An exception that may apply to this rule is a company that has a very high rate of product returns. In this case, it would be prudent to recognize revenue only after the return period expires.
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Predatory pricing, which refers to the concept of selling below cost with the intention of destroying competition, is lawful under certain conditions
Indicate whether the statement is true or false
What is the goal of establishing rapport with the audience?
A) To introduce yourself B) To convince the audience that the information is relevant to them C) To motivate the audience D) To allow the audience to feel confident that you have considered their needs in the presentation E) To preview the content of the presentation
If you were Miss Kohli, how would you convince Mr. Srivastava that individual performance improves when people know how they are doing?
What will be an ideal response?
Your firm's EPS last year was $1.00. You expect sales to increase by 32.50% during the coming year. If your firm has a degree of operating leverage equal to 1.25 and a degree of financial leverage equal to 3.50, then what is its expected EPS? Donotroundintermediatecalculations.
A. $1.86 B. $2.42 C. $2.40 D. $1.82 E. $2.03