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
What is variable consideration?
Variable consideration exists when the payment received for providing a good or service
Part
Elements of variable consideration
Part
What factors cause itSelect 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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