DEF is the consignee for 1,000 units of product X for ABC Company. ABC should recognize the revenue from these 1,000 units when

A. The agreement between DEF and ABC is signed.

B. ABC ships the goods to DEF.

C. DEF receives the goods from ABC.

D. DEF sells the goods and informs ABC of the sale.

Question added by Deleted user
Date Posted: 2015/02/17

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by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option D >>>>>>>>>>>>>> DEF sells the goods and informs ABC of the sale.

When the knowledge/information regarding the sales passed on to the Consignor by the Consignee.,

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