When a customer gives cash for a shirt at a retail store and takes the shirt from the store after paying, revenue is recognized at that point in time because the performance obligation by the store has been satisfied.

Appropriate collateral for a loan secured under a floating inventory lien is ________

A) cars B) granite slabs C) air conditioners D) paper clips

Relative humidity should be maintained between ________ to avoid the threats from both low and high humidity

A. 20% and 80% B. 40% and 60% C. 50% and 50% D. 30% and 70%