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: It allows firms to finance technological advancements, which lead to economic growth
Explanation:
The Supreme Court decision in Miranda v. Arizona, 384 US 436 (1966) required (for the first time) that someone accused of a crime be informed of his or her constitutional rights prior to interrogation. This protected the rights of the accused, or the defendant, in two new ways: 1) It educated the person about relevant constitutional rights; and 2) It inhibited law enforcement officials from infringing those rights by applying the Exclusionary Rule to any testimony/incriminating statements the defendant made unless he intentionally waived his rights.
I'm going to assume this is talking about the Holy Trinity.
The Father, the Son, and the Holy Ghost
If that isn't what your talking about, sorry
<u> A systems approach concentrates on efficiency within subsystems- T</u>he following statement is not true about the system approach
Explanation:
The<u> system approach </u>is the approach that emphasize on the inter pendent nature of the both internal and the external factor and also on the interactive nature of both the factors.It is basically helps a business to evaluate its market profitability