Write: Make sure your response addressing the following question is more than 200 words and includes an in-text citation or a brief quote from the reading material where appropriate. You may want to review the Citing Within Your Paper (Links to an external site.) resource from the Ashford Writing Center for proper use of citations.
Discuss areas of judgment that may be needed to apply the five steps of revenue recognition. The following may assist you in creating a more robust conversation around this topic:
- List the five steps, and explain judgments for each one.
- What happens if the criteria are not met?
- Give examples when appropriate.