Buy custom Revenue Recognition Associated with Frequent Flier Miles
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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 362 |
Essay's paper body
Case 7.2 Revenue Recognition Associated with Frequent Flier Miles
Continental Airlines: Revenue is deferred and recognized when transportation is provided
- Revenue is realized, and earned. The carrier has performed its duty, the service has been preformed. The amount of the claim is known
AMR (American): Revenue is deferred and recognized over the period approximating mileage credits are used
- Because there is no actual way of knowing when/if mileage will be used, it is not appropriate...
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Case 7.2 Revenue Recognition Associated with Frequent Flier Miles
Continental Airlines: Revenue is deferred and recognized when transportation is provided
- Revenue is realized, and earned. The carrier has performed its duty, the service has been preformed. The amount of the claim is known
AMR (American): Revenue is deferred and recognized over the period approximating mileage credits are used
- Because there is no actual way of knowing when/if mileage will be used, it is not appropriate...
Essay fragment
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