Question: When the entity select the amount that is most likely to be received considering the range of possible amounts. Based on this information, the method

 When the entity select the amount that is most likely to

When the entity select the amount that is most likely to be received considering the range of possible amounts. Based on this information, the method that entity should use to estimate the variable consideration is: Select one: a. The expected value approach b. Allocation approach c. None of the given choices d. Most likely amount approach

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