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English to Polish translations [PRO] Bus/Financial - Accounting
English term or phrase:volume flexibility
The accounting for take-or-pay contracts with volume flexibility is described in section 5.
If all other own-use criteria are met and the contract is and there is no opportunity (either legally or economically) for the purchaser or seller to settle the contract by entering into an offsetting contract with a third party then a purchase or sales contract with volume flexibility does not fall under the scope of IAS 39.