A contract

A) must have commercial substance to be legally enforceable.
B) may qualify for revenue recognition even if one party can unilaterally cancel the contract before performance.
C) must be in writing to be enforceable for accounting purposes.
D) is an agreement that creates enforceable rights and obligations.


D

Business

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What will be an ideal response?

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A) statistic B) precision level C) finite population correction D) parameter

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Indicate whether the statement is true or false

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