Companies should recognize revenue when it is realized and when cash is received.

The major benefit of the hierarchy of effects model is that it is one method to identify the typical steps consumers and businesses take when making purchases

Indicate whether the statement is true or false

Sage Hospitals, a nonprofit organization, provides healthcare to the people in the Midwest. Management at Sage is involved in the ________ market

A) government B) consumer C) wholesale D) institutional E) resell