Which of the following is an example of a situation in which an entity does not retain the control of the asset?
A) when the entity retains an obligation for unsatisfactory performance not covered by normal warranty provisions
B) when the entity provides a 30-day return from purchase with a full refund for the goods sold
C) when the buyer has the right to rescind the purchase for a reason specified in the sales contract and the entity is uncertain about the probability of return
D) when the goods are shipped subject to installation and the installation is a significant part of the contract that has not yet been completed by the entity

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The Answer of Which of the following is an example of a situation in which an entity does not retain the control of the asset?
A) when the entity retains an obligation for unsatisfactory performance not covered by normal warranty provisions
B) when the entity provides a 30-day return from purchase with a full refund for the goods sold
C) when the buyer has the right to rescind the purchase for a reason specified in the sales contract and the entity is uncertain about the probability of return
D) when the goods are shipped subject to installation and the installation is a significant part of the contract that has not yet been completed by the entity

Which of the Following Is an Example of a Situation