A buyer and seller voluntarily agree to rescind a real estate contract that included a $500 earnest money deposit. Who would receive the earnest money refund?

The revenue recognition principle states that revenue is recognized when the performance obligation is satisfied

a. true b. false

Lark Inc, an American electronics company, is currently reviewing new geographical markets to sell its highly popular televisions. By 2020, it plans to open new stores across all the major South Asian cities

Lark is most likely following a ________ strategy. A) local marketing B) market development C) diversification D) product adaptation E) product development