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Which of the following statements is true with regards to variable consideration? Multiple Choice The most likely amount is calculated by multiplying the possible amounts

Which of the following statements is true with regards to variable consideration?

Multiple Choice

The most likely amount is calculated by multiplying the possible amounts by their respective probability.

Variable consideration means the transaction price is uncertain.

When at least part of the transaction price is uncertain, no amount of revenue can ever be recognized until the contract is complete.

When at least part of the transaction price is uncertain, only the certain portion can ever be recognized as revenue until the contract is complete.

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