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:
Customer contact
Explanation:
In business, customer contact can be seen as the physical presence of a customer in a service system.
There are high customer contact services and low customer contact services.
Services with high customer contact include those that there is need for the business to have the physical presence of the customer around the service premises to function better. they include:
Health centers, public transportation, fitness centers, schools and restaurants
Services with low customer contact include those that there is no need for the business to have the physical presence of the customer around the service premises to function better. they include:
Chemical plants, manufacturing companies.
Answer:
Explanation:
The four American presidents that are displayed in the Mount Rushmore Natinal Memorial are: George Washington, Thomas Jefferson, Theodore Roosevelt y Abraham Lincoln.
Answer:
true
Explanation:
Based on the information provided within the question it can be said that the statement being made is completely true. This is because guidelines are designed with the goal of making things consistent. These sentencing guidelines allow the judges to compare all the case details with the guideline which tells the Judge how to sentence the individual in each case.
The Supreme Court helped in the reinforcement of the freedom of press when they stablished the First Amendment, when they applied it, some of it's free exercise clauses began reflecting an ongoing debate over balancing free exercise and majoritarian religious practice.