Which of the following is not true?a. License fees are recognized over time for any license that is viewed asproviding a right of accessb. Licensing fees are recognized as revenue over time for licenses of symbolic IP, for which the seller expects its ongoing activities to affect the benefits that the buyer receives from IPc. License fees are recognized as revenue at a point in time for licenses of function IP, for which the buyer expects that the seller's future activities will not affect the benefit the buyer derives from the IPd. Licensing fees always are recognized as revenue at the end of the license period, when the seller has completed its performance obligation to provide access to its IP

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Answer: B

Explanation: Option B, is not true. License is meant to provide access or is a form of authorization to carryout a certain activity for a period of time and within this period , the buyer is meant to benefit from the activities the seller carries out. It is not meant to be the other way round. Although there are rules concerning licenses but the seller activities is not meant to affect the benefit of the buyer, it only gives the buyer a form of authorization to carry out an activity it needed to carry and after the period, the authorization is due for re authorization.