Discussion Post
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:
a) List the five steps, and explain judgments for each one.
b) What happens if the criteria are not met?
c) Give examples when appropriate.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.