The embedded derivative in a hybrid contract should be? a) Always separated b) Never separated c) Separated if meeting specific criteria d) Recorded at cost only
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- What Is Fixed-Price Contract with Redetermination?When allocating the transaction price to performance obligations when a stand-alone selling price is not readily observable, GAAP suggests all of the following approaches except the expected market margin approach. residual approach. expected cost plus a margin approach. adjusted market assessment approach.Describe the process to compare a set of mutually exclusive investments with unequal service lives?
- If a contract modification adds distinct goods or services and the contract price increases by an amount that reflects the stand-alone selling price of the added goods or services, then the contract modification should be accounted for By cumulative catch-up method. By prospective method. As a new separate contract. None of these choices.CFD is a derivative contract. Yes or NoIn order to create a separating equilibrium, low-risk drivers should be charged: Low deductible and high premiums High deductible and low premiums High premiums with no deductible
- When there are potential multiple obligations within a single contract, and the products or services are highly interdependent and interrelated, then they are Question 1 options: sold separately. combined and reported as a single performance obligation. combined under a new contract. accounted for as separate performance obligations.Please answer with reason for all why the option is correct and why the other options are incorrectThe forward contract value today is denoted as a.Vo(0,T) b.Fo(0,T) c.So(1 + r)^T d.Fo(0,T)/(1 + r)^(T – t)
