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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 15: Revenue Recognition Issues
  5. Question
    If a Company Sells Its Product but Gives the Buyer
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If a Company Sells Its Product but Gives the Buyer

Question 9

Question 9

True/False

If a company sells its product but gives the buyer the right to return the product,IASB (2011)requires revenue from the sales transaction to be recognised at the time of sale.

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