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:
Script
Explanation:
A social script refers to the set of behavior which is expected in a given situation. Usually, this happens as a result of the past experiences that a script gets built upon related to any action. The expectations from the past experiences help in understanding the things clearly and easily. In the above situation, it becomes evident that Ellen paid for the groceries because this is an obvious thing which any individual does when he buys things from a grocery. Also, past experiences make is obvious to understand.
The answer is that " crime is said to be <span>Offense-Specific".
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Offense specific Crime implies that the guilty party or offender responds to attributes of the particular criminal act, for example, the estimation of the objective, insurance of the objective, police nearness, escape opportunity, transfer of the objective, guardianship of the objective, straightforward entry to the objective and so forth.
Half of us pray at every meal
Answer:
C. industrial oil-drilling equipment
Explanation:
Capital investment here refers to the acquisition of permanent fixed assets like property, plant and equipment by Nigeria.
Nigeria is a country that is blessed with crude oil as one of its resources and this is the major source of wealth of the nation.
With this in mind, an industrial oil-drilling equipment is going to be a huge capital investment for the country and would be of huge benefits to the nation
