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Exam CFE topic 2 question 61 discussion

Actual exam question from ACFE's CFE
Question #: 61
Topic #: 2
[All CFE Questions]

According to SAB 104, for the revenue to be typically considered realized or realizable and earned, which of the following criteria is NOT met:

  • A. Persuasive evidence of an arrangement exists
  • B. Services has been rendered
  • C. Timings have been met
  • D. Collectability is reasonably assured
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Suggested Answer: C 🗳️

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