If a selling company changes the right of return near the end of the period to offer more generous terms, the company should not be able to recognize revenue until ________.(Select two conditions.)
A)material uncertainties are resolved
B)subsequent cash collections are assured
C)all goods that the company has billed are shipped
D)the company forfeits all rights associated with the goods

Question

Quizplus · Accepted Answer

The Answer of If a selling company changes the right of return near the end of the period to offer more generous terms, the company should not be able to recognize revenue until ________.(Select two conditions.)
A)material uncertainties are resolved
B)subsequent cash collections are assured
C)all goods that the company has billed are shipped
D)the company forfeits all rights associated with the goods

If a Selling Company Changes the Right of Return near the End