Identify three correct statements regarding the revenue recognition feature. (Choose three)
A.
Back-to-back orders are contingencies that OM supports in the context of revenue recognition.
B.
COGS can be recorded on the invoice line, whereas revenue can be recorded in the shipped
line customer acceptance is the only contingency that OM supports in the context of revenue
recognition.
C.
Customer acceptance is the only contingency that OM supports in the context of revenue
D.
As revenue is recognized, a corresponding percentage of deferred COGS may not move to real
COGS.
E.
Deferred revenue and COGS accounting can be very successfully used as solution for
ATO/PTO matching problem
F.
Revenue recognition depends on and interacts with inventory, Costing, account receivables,
OM, and shipping execution