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3.2.2. Installment Sales of sale, and revenue attributable to the interest component is recognized over time.18 International standards note, however, that the guidance for revenue recognition must be considered in light of local laws regarding the sale of goods in a <span>particular country. Under limited circumstances, recognition of revenue or profit may be required to be deferred for some installment sales. An example of such deferral arises for certain sales of
last interval [days]
repetition number in this series
scheduled repetition interval
last repetition or drill
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