The revenue recognition principle requires that revenue be recorded: In the same period as the expenses incurred. When the goods or services are provided to customers. When the cash is received for the goods or services provided to customers. In whatever accounting period the company chooses. When the company is assured that the customer will pay for the goods or services.

When the goods or services are provided to customers.

Explanation:

Revenue recognition principle requires that the revenue berocorded when goods or services associated with it are delivered or performed. If you receive cash for the services to be performed then ot should not be recorded in the revnue until you provide the services. You should recorded it as the deffered income in the books.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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