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.
<span>A prolonged economic contraction that is not especially long or severe is called recession.
</span><span>When there is a significant decline in activity across the economy and this is lasting longer than a few months then we have recession.
</span><span>Recession is characterized with the following:
</span>drop in the following five economic indicators: real GDP, income, employment, manufacturing and retail sales<span>.</span>
Answer:
The medieval church added to its wealth by collecting a tithe, or tax . ... Church officials were often the only people who could read. As a result, they kept records for monarchs and became trusted advisors. At times, the church's power brought it into conflict with European monarchs.
Answer: these affect the econemy because it will slow down how much pepoll can get out of there houses and will prevengt them from going to buy things and that will slow down the econemy. it will wffect the region because it will ruin buildings an d housing and they will have to staertr all over again.
Explanation:i hope this helped
Answer: Extranet
Explanation:
Extranet is referred to as or known as the privately controlled network which allows the access to the partners, suppliers and vendors or the authorized set of consumers or customers that are normally subjected to the subset of information that is accessible from the organization's intranet. The extranet is mostly similar to the DMZ under which it tends to provide access to the services for the authorized parties, without further granting the access to the company's entire network.
