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Business, 07.08.2019 05:20 yuvallevy14

Gaap that covers revenue recognition for multiple-element arrangements requires that a seller recognize revenue for a particular part if: a. the part has value on a stand-alone basisb. customer acceptance of the part is not contingent on successful delivery of a later partc. the part constitutes at least a "preponderance of the fair value" of the total arrangementd. both the part has value on stand-alone basis and customer acceptance of the part is not contingent on successful delivery of a later part are required.

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