Which of the Following Is NOT True About the Products

question 38

Multiple Choice

Which of the following is NOT true about the products sold from inside the application?

• A) Products sold inside an application are digital items that are offered for sale by the developer.
• B) They are non-refundable
• C) Digital items cannot be sold using Google Play's IAB service.
• D) Products are programmatically delivered by the developer and not Google Play.

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Definitions:

Estimated Method

The estimated method is an accounting technique used to approximate the value of certain items or financial outcomes when exact figures are unavailable or impractical to determine.

Natural Disaster

A major adverse event resulting from natural processes of the Earth, such as floods, hurricanes, earthquakes, or volcanic eruptions, that can cause significant damage or loss of life.

Inventory Records

Documents that track the quantities, conditions, and locations of products a company has in stock, including raw materials, work-in-process, and finished goods.

Days' Sales in Inventory

A financial ratio indicating the average number of days it takes a company to sell its entire inventory in a given period.