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Bitmap Image  |  1996-10-31  |  206KB  |  615x332  |  4-bit (11 colors)
Labels: bulletin board | lodestone | reckoner | sky
OCR: Revenue Recognition Revenue from product sales is recognized upon shipment Revenue from software maintenance cont traets is recognized on straight line basis over the term of the contract generally one year Revenue from consulting, training and other services is generally recognized on the percentage of completion method. The Company has entered into agreements whereby it licenses products to OEMs or provides customers the right to multiple copies. These agreements generally provide for nonrefundable fixed fees which are recognized at deliver of the product master or the first copy Per copy royalties in excess of the fixed minimum amounts and refundable license fees are recognized as earned and are no longer refundable The Company maintains an allowance for potential credit losses and an a ...