No, your analysis is too superficial and rev rec is more complex than that under GAAP.
No, your analysis is too superficial and rev rec is more complex than that under GAAP. It who the customer believes they are dealing with. The drivers, regardless of their employment status, are looked upon as "uber drivers" and customers contact uber for refunds or disputes, not the driver. So in this example, a strong case could be made that the entire fare is revenue. The difference with Groupon is that the end merchant is never hidden from the customer, and the customer knows that the end merchant doesn't work for groupon. Groupon in this case is a facilitator for the transaction just like Expedia is a facilitator for airlines. Rev rec is complex and many layers to it. An auditor goes through a series of tests to determine whether revenue is recognizable and no single test determines it so in some senses it's more an art than a science. And I don't have a full grasp of uber's arguments to their auditors but I doubt they have a strong case for recognizing the entire fare as revenue.
Posted by steven2012 on Nov 21, 2014, 3:16 PM
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Raise real-world problems, find people facing the same issue, and discuss solutions.9,000 issues0 comments
hackernews (Other)
Not sure what you suggest to do.
NewWhy is this not yet published on the official website and why is there no CVE?
NewThe biggest problem with having an LLM do this, from what I've observed of at least frontier models, is that the way they are trained...
The biggest problem with MOND is that it was hand-crafted with additional parameters simply to fit the data.
(My comment is about detached houses).
The biggest problem with this is that I can't run my company's own internal benchmarks against this API, because they will be trained int...
> steer Claude away from over-engineering parts of the system in response to hypothetical concerns.
Why is there no comparison with FLUX 3 Image?
No, your analysis is too superficial and rev rec is more complex than that under GAAP.
No, your analysis is too superficial and rev rec is more complex than that under GAAP. It who the customer believes they are dealing with. The drivers, regardless of their employment status, are looked upon as "uber drivers" and customers contact uber for refunds or disputes, not the driver. So in this example, a strong case could be made that the entire fare is revenue. The difference with Groupon is that the end merchant is never hidden from the customer, and the customer knows that the end merchant doesn't work for groupon. Groupon in this case is a facilitator for the transaction just like Expedia is a facilitator for airlines. Rev rec is complex and many layers to it. An auditor goes through a series of tests to determine whether revenue is recognizable and no single test determines it so in some senses it's more an art than a science. And I don't have a full grasp of uber's arguments to their auditors but I doubt they have a strong case for recognizing the entire fare as revenue.
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