Lecture note – Chapter 19 (IFRS 15)

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October 18, 2017 at 12:26 pm #412263
Saimon
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Illustration 2 – Contract modification (2)

Sir,

How did you determine that consideration does not reflect stand alone price ?
October 18, 2017 at 9:26 pm #412380
P2-D2
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Hi,

The consideration would not reflect the stand alone price as the seller is selling the package cheaper in order to encourage sales.

Thanks
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