If the critical event and measurability conditions are not satisfied,revenue may be recognized after the sale

A) when legal ownership passes to the seller.
B) when cash is collected.
C) as the goods are shipped.
D) on the receipt of goods by the customer.

Critical Event

A significant occurrence or change that impacts an organization's operations or decision-making process.

Measurability Conditions

Criteria used to determine whether the financial impact of an event can be reliably measured and should be recognized in the financial statements.