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CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 29 Topic 3 Discussion

CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 29 Topic 3 Discussion

Financial-Accounting-and-Reporting Exam Topic 3 Question 29 Discussion:
Question #: 29
Topic #: 3

Generally accepted accounting practice recognises revenue when


A.

goods are produced.


B.

customers order goods.


C.

cash is received for the goods.


D.

goods are dispatched to the customer.


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