The criterion used by most merchandising and manufacturing clients for determining when a sale takes place is whether an order for goods has been received from a customer.

Question

Quizplus · Accepted Answer

The criterion used by most merchandising and manufacturing clients for determining when a sale takes place is generally the transfer of ownership or risks and rewards from the seller to the buyer, which often coincides with the delivery of goods, not merely the receipt of an order.

The Criterion Used by Most Merchandising and Manufacturing Clients for Determining