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    If the Customer Buys Goods and Promises Consideration in a Form
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If the Customer Buys Goods and Promises Consideration in a Form

Question 77

Question 77

True/False

If the customer buys goods and promises consideration in a form of a non-cash asset, the seller values the transaction based on the fair value of the non-cash asset, not on the stand-alone price of the goods sold.

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