A company plans to allocate revenue across occurrences by using recognition basis. Which recognition basis can you use?

The correct answer is D. Monthly. Recognition basis - The recognition basis determines how the revenue price is allocated across the occurrences. * Monthly - The amount is allocated equally across the number of months that is defined in the Monthly by days - The amount is allocated based on the actual days in…

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Question

A company plans to allocate revenue across occurrences by using recognition basis. Which recognition basis can you use?

Options

AMid-month split
BRevenue schedule
CActual start date
DMonthly

How the community answered

(51 responses)

A
4% (2)
B
8% (4)
C
2% (1)
D
86% (44)

Explanation

Recognition basis - The recognition basis determines how the revenue price is allocated across the occurrences. * Monthly - The amount is allocated equally across the number of months that is defined in the Monthly by days - The amount is allocated based on the actual days in each calendar month. https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-

Topics

#revenue recognition#recognition basis#revenue schedule#subscription billing

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