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How is the transaction price to be measured by the entity

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Reference no: EM132559367

Question 1: How is the transaction price to be measured by the entity when receiving non-cash consideration from a customer consistent with AASB 15 'Revenue from Contracts with Customers'?

A) Fair value of the goods and/or services transferred to the customer;

B) Present value of future cash flows;

C) Fair value of the non-cash consideration received from the customer;

D) Book value of the non-cash consideration received from the customer.

Reference no: EM132559367

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