Question: What are the two exceptions to the general rule that an entity should allocate the transaction price based on the relative standalone selling prices? (
What are the two exceptions to the general rule that an entity should allocate the transaction price based on the relative standalone selling prices? Select the two that apply.
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Part
A
When the contract includes variable consideration.
B
When delivery happens before payment and interest revenue is recognized.
C
When delivery occurs after payment and interest expense is recognized.
D
When the discount is not related to all of the contract's performance obligations.
E
When the contract includes noncash consideration.
F
When the contracts are negotiated as a package and have a single commercial objective.
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