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Which of the Following Is Not One of the Criteria

Question 7

Multiple Choice

Which of the following is not one of the criteria that must be satisfied for a seller to recognize revenue at the time of sale when the right of return exists?


A) The sales price is known at the time of sale.
B) The buyer's obligation to the seller would not change by theft or damage to the product.
C) The seller has significant obligations to help the buyer sell the product.
D) The seller can reasonably estimate the amount of future returns.

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