your company makes a large sale of computers to a long-standing customer who asks to take delivery in 6 months when they move into a new facility. in addition, you have negotiated that the price will be determined at fair market value at the time of delivery. your accounting manager informs you that this sale cannot be recorded yet under generally accepted accounting principles. the accounting manager is . question content area bottom part 1 a. incorrect because the price has been determined b. correct because this type of transaction is never recorded c. incorrect because the sale is complete d. incorrect because the items have been delivered e. correct because the earnings cycle is not complete
