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Assume that the expected value method determines a transaction price of $60,000 and most likely amount method determines a transaction price of $50,000. What effect
Assume that the expected value method determines a transaction price of $60,000 and most likely amount method determines a transaction price of $50,000. What effect will recording revenue based on the expected value method have relative to the most likely amount method? O Revenue will be higher and expenses will be higher O Revenue will be higher and expenses are unaffected O Revenue will be lower and expenses will be lower O Revenue will be lower and expenses are unaffected Revenue and expenses will be the same
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