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An appliances retailer with a generous returns policy is likely to recognize revenue from sales of washing machines using which of the following methods? Group
An appliances retailer with a generous returns policy is likely to recognize revenue from sales of washing machines using which of the following methods? Group of answer choices Recognizing full revenue as soon as the washing machines are sold Waiting to recognize any revenue until the washing machines cannot be returned according to the returns policy Recognizing revenue as soon as washing machines are sold and offsetting it with expected amount of returns Waiting to recognize any revenue until the average period of time passes during which washing machines get returned, based on the company's historical data
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