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.
Answer:
Third biggest.
Explanation:
North America is the third largest continent. Asia is the biggest, then Africa.
Answer:
First statement
Explanation:
A group is said to be a set of people ,together or working together to achieve a goal, so for there to exist a group, there must a goal to achieve. This is why a group maintenance in project management is exhibited by a project manager when he works with his subordinate to understand there problem so that it doesn't affect the project deliverables.
Answer:
In contrast to Greek democracy, the Roman republic had a more complex institutional arrangement. Instead of a set of institutions through which one single group exercised power, the Roman republic contained multiple institutions that allowed both the few and the many to take part in political rule.
Sorry if wrong
<span>There are two common types: General Obligation Bonds and Revenue Bonds.
GOB: Issued by cities, states or countries and are not primarily secured by assets. The issuer can tax all who apply (citizens, residents, etc) for the bondholders.
RB: Are NOT backed by the government and come from a specific source such as the toll paid for driving on a toll road.</span>
