When is a long- term contract an onerous contract?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Feb 17, 2015 07:55 AM

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When is a long- term contract an onerous contract?

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A contracted performance obligation is an onerous contract when the consi...View the full answer

Intermediate Accounting

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