What will the income of the Super Division be after all service department allocations?

When a seller is exposed to continued risks of ownership through return of the product, the seller should recognize revenue:

A. when all return privileges have expired. B. immediately, but reduce revenue by an estimate of future returns. C. at the time of sale and account for returns as they occur. D. at the time of sale only if 6 specific conditions are met.

Nonjudicial foreclosure is allowed when the deed of trust contains a power of sale clause.

a. true b. false