Recognize revenue as the productive activity


Question 1: Is earnings management always intended to produce higher income? Explain

Question 2: Explain and justify why revenue often is recognized as earned at point of delivery.

Question 3: Explain in what situations it would be useful to recognize revenue as the productive activity takes place.

Question 4: At what times, other than those included in the above answers, may it be appropriate to recognize revenue?

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Accounting Basics: Recognize revenue as the productive activity
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