Revenue recognition core principle under ASC 606:

date：2026-10-01 11:14:51 author：admin browse： time View comments Add Collection

Revenue recognition core principle under ASC 606:

A. Recognize revenue when cash is received

B. Recognize revenue when performance obligation is satisfied

C. Recognize revenue at contract signing

D. Recognize revenue evenly over contract term regardless of performance

Answer: B

Explanation: ASC606: recognize revenue upon satisfying performance obligations.

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