The revenue recognition principle requires companies to follow which of these steps in recording revenue (check all that apply) : A. Allocate the transaction price to the performance obligations B. Identify the contract with the customer C. Identify the performance obligations in the contract D. Determine the transaction price
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Home » Business » The revenue recognition principle requires companies to follow which of these steps in recording revenue (check all that apply) : A. Allocate the transaction price to the performance obligations B. Identify the contract with the customer C.