Revenue Recognition Flashcards
1
Q
Repurchase Agreement > Put Option > Financing Arrangement
To qualify as a financing arrangement, the repurchase price must be to or the original sale price and the expected market value.
A
FAR Exam > Revenue Recognition > Flashcards
Repurchase Agreement > Put Option > Financing Arrangement
To qualify as a financing arrangement, the repurchase price must be to or the original sale price and the expected market value.