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Why is a sale with conditions a form of fictitious revenue fraud? Booking a sale when the right of return accelerates the booking of revenue.
Why is a sale with conditions a form of fictitious revenue fraud? Booking a sale when the right of return accelerates the booking of revenue. Booking a sale when the transaction is not complete books before all contingencies are resolved. Booking a sale with conditions is a premature recognition scheme but total revenue is not misstated. Booking a sale with conditions is a way to create a red flag
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