单选题 As a general rule, revenue is normally recognized when A. it is measurable. B. it is measurable and received. C. the earnings process is complete and cash receipt is assured.

【正确答案】 C

【答案解析】The firm must have provided virtually all of the goods or services for which it is to be paid, and the expected cost of providing the service must be measurable. The company must also he able to reasonably estimate the probability of payment.