Memorex should: iv. record a refund liability in the year of the sale.
<h3>What is a right-of-return privilege?</h3>
A right-of-return privilege can be defined as a special right, advantage or entitlement that is accorded to a customer, which avails them an opportunity to return a product they have purchased.
Since Memorex Disks offers its customers right-of-return privileges, it is expected that it should record a refund liability in the year of the sale i.e recording an allowance for sales returns in the year the sale was made.
Read more on right-of-return privilege here: brainly.com/question/17165436
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Answer:
B. Windows domain user name and password
Explanation:
Windows domain user name and password are login credentials required for the user to successfully sign in to the Windows domain.
The domain username and password are usually stored on a domain controller rather than on the host.
As a domain user, the computer seeks from the domain controller the privileges assigned to the user, if it gets a positive response from the domain controller, it authorizes the users login credentials without restrictions; else, it denies the user access.
