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jolivi01

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jolivi01

Re: JFBroderick post# 9854

Tuesday, 09/16/2014 7:36:55 PM

Tuesday, September 16, 2014 7:36:55 PM

Post# of 39360
My understanding is that they are not the same - and it has to do with the timing of things ...

For instance you sell a service for $100 but you will deliver 50% this year and 50% the next

Then income for the period is 100 while revenue for the year is 50
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