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Revenue is recognised in the period in which it is:

AEndorsed
BEarned
CEntered
DEstimated
Answer & Solution
Correct answer: B. Earned
1. Cash timing does not decide it. 2. Delivery of the product or service does. 3. So it is recognised when earned. _Source: OpenStax Principles of Accounting Volume 1, Chapter 3, Analyzing and Recording Transactions._
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