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Describe variable consideration

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Reference no: EM132948822

Question - Describe variable consideration. Identify the items in a contract that generally result in a variable consideration.

Explain what a company must do if a contract contains a variable consideration.

Explain the expected value and most likely approach.

Summarize the factors to be considered in the analysis when a reversal could occur and why they are important.

Reference no: EM132948822

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