Concessionary or abnormal terms may
A) reflect that risks and reward has not yet passed to the customer.
B) create additional recognition and measurement uncertainty.
C) indicate that no sale has taken place at all.
D) all of the above

Question

Quizplus · Accepted Answer

Concessionary or abnormal terms can reflect that risks and rewards have not yet passed to the customer, creating additional recognition and measurement uncertainty. They can also indicate that no sale has taken place at all. Therefore, all of the above options are correct.

Concessionary or Abnormal Terms May