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What value should be recorded as the fair value of a contingent consideration arising from a business acquisition when it is classified as a liability?
What value should be recorded as the fair value of a contingent consideration arising from a business acquisition when it is classified as a liability? a. The discounted present value of the maximum amount that could be paid. b. The undiscounted maximum amount that could be paid. C. The undiscounted probabilistic estimate of the amount to be paid. d. The discounted probabilistic estimate of the amount to be paid
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