Explain the expected value and most likely approach

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Question 1: Describe variable consideration.Identify the items in a contract that generally result in a variable consideration.

Question 2: Explain what a company must do if a contract contains a variable consideration.

Question 3: Explain the expected value and most likely approach.

Question 4: Summarize the factors to be considered in the analysis when a reversal could occur and why they are important.

Reference no: EM132898888

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