Question: What is variable consideration and what factors cause it ? Question content area bottom Part 1 What is variable consideration? Variable consideration exists when the

What is variable consideration and what factors cause it?
Question content area bottom
Part 1
What is variable consideration?
Variable consideration exists when the payment received for providing a good or service
Part 2
Elements of variable consideration
Part 3
What factors cause it?(Select all that apply.)
A.
Refunds
B.
Performance
bonuses or penalties
C.
Consideration payable to a customer
D.
Discounts
E.
Price
concessions
F.
Rebates and incentives
G.
Noncash transactions

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