The revenue recognition principle

a. is not in conflict with the cash method of accounting

b. states that revenue is not recorded until the cash is received

c. controls all revenue reporting for the cash basis of accounting

d. determines when revenue is credited to a revenue account

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.

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Jorge is attending college next year. he just got information on the college costs and the financial aid package the college is offering. jorge knows his parents can contribute $4,500 each year. jorge’s college costs & financial aid package per year costs financial aid package tuition & fees grants & scholarship $26,000 $18,500 room & board work-study $12,500 $8,500 how much will jorge need to pay each year from his own savings and from loans? $3,000 $7,000 $7,500 $11,500