Vendor specific objective evidence definition

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Vendor-specific objective evidence

Vendor-specific objective evidence logo #21000 In accounting practices, vendor-specific objective evidence (VSOE) is a method of revenue recognition allowed by US GAAP that enables companies to recognize revenue on specific items on a multi-item sale based on evidence specific to a company that the product has been delivered. GAAP rules and pronouncements come from the Financial Accounting Sta...
Found on http://en.wikipedia.org/wiki/Vendor-specific_objective_evidence
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