When Do Most Companies Record Sales Returns and Allowances

question 48

Multiple Choice

When do most companies record sales returns and allowances?

• A)During the month in which the sale occurs
• B)During the accounting period in which the return occurs
• C)Whenever the customer contacts the company regarding the credit
• D)During the month after the sale occurs

---

Definitions:

Sympathy Strike

A labor strike by one union in support of another union's strike, even though the first union does not have a direct dispute with the employer.

Support Workers

Employees who provide assistance or technical services that enable other staff members to perform their jobs more effectively.

Picket Line

A method of protest where employees on strike or their supporters stand outside a workplace to show disagreement with employers over disputes.

Protest Publicize

The act of using protests and demonstrations to raise awareness and draw public attention to specific issues or causes.