Memorex should: iv. record a refund liability in the year of the sale.
<h3>What is a right-of-return privilege?</h3>
A right-of-return privilege can be defined as a special right, advantage or entitlement that is accorded to a customer, which avails them an opportunity to return a product they have purchased.
Since Memorex Disks offers its customers right-of-return privileges, it is expected that it should record a refund liability in the year of the sale i.e recording an allowance for sales returns in the year the sale was made.
Read more on right-of-return privilege here: brainly.com/question/17165436
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<span>Validation of electronic signatures was designed to encourage a paperless society.</span>
Answer: Plug and play
Explanation:
Adding a new hardware to the computer activate the plug and play module of the operating system which installs the hardware device into the computer and enables us to use it immediately.
Answer:
blank 4
Explanation:
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