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Royalty Account Interview Questions & Answers
Below we have listed all the Royalty Account Interview Questions and answers. Feel free to comment on any Royalty Account Interview Questions or answer by the comment feature available on the page.
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Some businesses entities have financial relationships in which one shares the revenues earned through use of an asset owned by the other. Essentially, it is a lessee/lessor relationship, though the terms licensee and licensor are more common. These usage-based payments are called royalties, and they typically consist of a percentage of the revenues brought in by the asset. The accounting details of a royalty agreement, as presented in the contract, dictate how royalties are calculated.
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