Which of the following statements is not true regarding revenue recognition regarding gift cards?
a. It is typical that a portion of gift card sales will go unused by customers.
b. The amount received from the sale of gift cards is required to be recognized as revenue when the gift cards are sold.
c. "Breakage" can only be recognized as revenue to the extent that it is probable a reversal will not be necessary.
d. "Breakage" refers to the unused portion of gift card balances.