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.
Restorative justice is the justice which deals not only with the war crimes but with the emotional and other influences it had on relationships, community, and people. Its three principles are:
Repair of the harm
Encounter of the two parties
Transformation of the relationships between people, and communities.
Answer:
No, it definitely was not pure racism.
Explanation:
While individuals who have pure hatred and racist views against other groups of people have always existed, during the centuries that slavery existed, not everyone who owned slaves or supported slavery justified their position on the basis of racist arguments.
Very often, these arguments in favor of racism were made from an economic point of view. They justified slavery because slavery was fundamental for their economic well-being. Some people even justified slavery under supposedly moral, ethical, or religious reasons, arguing that slaves were better off under the control of their owners, or that some religious scripture justified slavery.
The type of account that has very high liquidity, low
interest or no interest at all with a low minimum balance is checking account.
The checking account is usually the ones used by a company because of different
purposes and it has the following functions which are mentioned above. Making
it easier and reliable for them to use.
