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Hi. I’m back at FAR after a year off from studying for these exams. I am currently studying the new revenue recognition standards, and I am confused at if we still need to be comfortable with % of completion method, installment method, cost recovery. My course keeps asking questions on them, but the way I understand it is that these aren’t valid anymore. Can someone explain?
AUD - 82
BEC - 84
FAR - 86
REG - 86Jennifer Wolf
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