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Quiz for Finance Acumen Training

来吧，撸起袖子好好做题，加油！

A product is delivered without a signed agreement/PO, can we recognize revenue (assuming EXW and all other criteria are met)?

A) Yes

B) No

C) Not sure

Shipping terms are FOB shipping point and to better manage logistics and ensure timely shipment, Plexus deals directly with shipping carriers. All costs are either included in the unit price or separately charged to the customer. Can we recognize revenue?

A) Yes

B) No

C) Not sure

If there is a difference in shipping terms between the customer contract and the PO, what terms should be used in regards to revenue recognition?

A) Contract

B) PO

C) Not sure

When customer acceptance criteria exists, can we recognize revenue upon shipments (assuming EXW and all other criteria are met)?

A) Yes

B) No

C) Not sure

If we have booked an AR reserve for a customer, can we recognize revenue on future sales to this customer before payment?

A) Yes

B) No

C) Not sure

Please fill in your Full Name.

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