5. revenue is properly recognized (1.5 points): a. when the customer's order is received? b. only if the transaction creates an account receivable. c. at the end of the accounting period. d. upon completion of the sale or when services have been performed and the business obtains the right to collect the sales price. e. when cash from a sale is received.

Option D is correct

Explanation:

Under revenue recognition principle, revenue is recognise the moment a service a sale is completely made regardless if the payment is made a day or days after service has being fully rendered.

the federal government of the united states was established by the constitution. us is a presidential republic. the president is head of state, head of government and of a two party legislative and electoral system. the supreme court balances the powers of the federal and the state government. yhe executive branch is headed by the oresident. there are two chambers of congress, the senate and the house of representatives. judicial power is exercised by the judicial branch (or judiciary), comprised of the supreme court and lower federal courts. the judiciary's function is to interpret the   constitution as well as the federal laws and regulations.