The following are examples of transactions where the entity retains significant risks and rewards of ownership
and has not recognised its revenue:
The entity retains an obligation for unsatisfactory performance not covered by normal warranty •
provisions.
The receipt of revenue from a particular sale of goods is contingent on the buyer’s ability to obtain •
revenue from its own sale of these goods.
The buyer has the power to rescind the purchase for a reason specified in the sales contract. •
The entity is uncertain about the probability of return. •