MCQOPTIONS
Saved Bookmarks
| 1. |
As per Revenue Recognition Concept, revenue is deemed to be realised |
| A. | When purchase order is received from the purchaser |
| B. | When goods are delivered to the purchaser |
| C. | When the title of the goods has been transferred to the purchaser |
| D. | When cash is received from the purchaser |
| Answer» D. When cash is received from the purchaser | |