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NEW QUESTION: 1
According to SFAC 5, the condition(s) that must be met for revenue recognition to take place is
A. the completion of the earnings process and assurance of payment.
B. the ability to measure the revenue amount.
C. the verbal or written agreement of the sale.
D. the ability to recognized when the revenue actually takes place.
E. there must be no remaining significant contingent obligation that pertains to the sale.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The firm must have provided all or virtually all the goods/services for which it is to be paid and it must be possible to measure the total expected cost of providing these goods/services. Also, the seller must reasonably estimate the probability of nonpayment; if this cannot be assured, assurance of payment is not satisfied.
NEW QUESTION: 2
다음 유형 중 어느 것이 자원 가용성이 보통 수준에서 높은가?
A. 강한 매트릭스
B. 균형 매트릭스
C. 계획 됨
D. 약한 매트릭스
Answer: A
NEW QUESTION: 3
Which of the following is not an argument for principles-based approach to corporate governance?
A. The same rules might not be suitable for every company
B. The most suitable corporate governance practices can differ between companies
C. Companies do not have the choice of ignoring the rules
D. There are some aspects of corporate governance that cannot be regulated easily
Answer: C
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CFPE Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CFPE Exam.
CFPE Exam Topics
Review the CFPE especially if you are on a recertification. Make sure you are still on the same page with what NFPA wants from you.
CFPE Offcial Page
Review the official page for the CFPE Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the CFPE Exam
Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.