Answer:
The revenue should not be recognized because of the unusual and subjective terms under which the buyer has the right to return the product.
Explanation:
If a buyer of goods has the right to return a product, the transaction is considered a sale with a right of return. When regular sales are made under these terms and there is a reasonable basis for estimating returns, revenue from the sale ought to be recognized and an allowance for returnsshould be established.
However, when the rate of returns cannot be reasonably estimated, revenue is not recognized until the right of return expires. Even though the goods were shipped in 2015, until the buyer accepts the goods or the right to return them expires, revenue would not be recognized.
The characteristics of bureaucracy that help prevent nepotism (the favoriting of friends or relatives, especially in the allocation of jobs) is; Formal Selection Process.
Definition;
Bureaucracies is characteristized by four key points: <em>a clear hierarchy, specialization, a division of labor, and a set of formal rules, or standard operating procedures.</em>
Characteristics include;
- Hierarchical management structure
Ultimately, the characteristics of bureaucracy that help prevent nepotism (the favoriting of friends or relatives, especially in the allocation of jobs) is; Formal Selection Process.
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Answer:Learning goals
Explanation:Learning goals are internally driven goals in which a person desire is to acquire new skills and master them so that they can improve their competence. This is a person who will look for feedback on their prior activities in order to make changes and improve on the future.
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The terms sphere of influence are extra territorial mandates are most commonly associated with imperialism where by one nation imposes on another nations affair.
