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:
In simple words, United nations orgnaitonsions fosters good ties among its leaders, addresses world problems and supports civil dignity, and harmonises the behavior of its representatives. The O.N. There are also a promoter of many other campaigns such as it induces nations to minimize hunger , disease as well as analphabetism. Encouraging local prosperity and grows sustainably.
Answer:
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Answer:
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Explanation:
If a decision is made and it is the best choice for society, the decision is said to be made in social interest.
<h3>What is society?</h3>
A society is a group of people that regularly contact with one another or a significant social group that inhabits the same physical or social territory and is typically under the control of the same political leadership and prevailing cultural expectations.
<h3>What is society in our life?</h3>
Relationships are what the word "society" refers to. Men are social beings who reflect this nature by building and re-creating groups that regulate and guide their conduct in a variety of ways. Every human being must have society in order to live a full life. It both liberates and restricts men's activities.
To learn more about society visit:
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