The general rule is that the transaction price should be allocated on the relative standalone selling prices prices unless a discount is ________.
A)not related to all of the contracts performance obligations
B)related to all of the contracts performance obligations
C)part of the variable consideration
D)not part of the variable consideration

Question

Quizplus · Accepted Answer

If a discount is not related to all of the contracts performance obligations, then the transaction price should not be allocated based on the relative standalone selling prices. The other options are not relevant to this rule.

The General Rule Is That the Transaction Price Should Be