When is revenue considered to be earned? A: Revenue is earned when it is realized or realizable. B: Revenue is earned when a company has substantially completed its performance obligation in order to be entitled to the benefits represented by the revenues. C: Revenue is earned when assets received by the company in exchange for goods or services are readily convertible to known amounts of cash or claims to cash. D: Revenue is earned when a company exchanges goods or services for cash or claims to cash.
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