Sales returns and allowances remain constant in their magnitude and never need differing levels of control and approval.

Question

Quizplus · Accepted Answer

Sales returns and allowances may vary in their magnitude, depending on the nature of the business and the types of products being sold. Additionally, different levels of control and approval may be necessary depending on the size and complexity of the organization and the value of the returns or allowances. Therefore, it is false to say that sales returns and allowances always remain constant and do not require differing levels of control and approval.

Sales Returns and Allowances Remain Constant in Their Magnitude and Never