The concept that recognizes revenue at the time of sale and not only when cash is received is
A.
cost concept.
B.
realization concept.
C.
accrual concept.
D.
duality concept.
Answer: B
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.