If the seller is a principal, the seller typically is vulnerable to risks associated with returns of inventory from the customer.
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Q25: When a contract includes variable consideration, the
Q26: If the seller is a principal, the
Q27: If an option to purchase an extended
Q28: The amount of variable consideration that can
Q29: When the right of return exists, revenue
Q31: The right of return is a separate
Q32: To account for variable consideration using the
Q33: Accounting for quality-assurance warranties includes a credit
Q34: If the seller is an agent, the
Q35: A warranty that the customer can purchase
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