capacitantes #3: El estudi venta con múltiples obligaciones. ante registrará tra
ID: 2342244 • Letter: C
Question
capacitantes #3: El estudi venta con múltiples obligaciones. ante registrará transacciones relacionadas a un contrato de TRUE OR FALSE (shows references are required) 1. No allocation of contract price is required if the transaction involves multiple 2. If the contract contains multiple performance obligations, revenue must recognized in an 3. The transaction price only allocated to goods or services that are both capable of being SELECT THE BEST ANSWER (Shows references and computations are required) 4. Which of the following is not a characteristic of a distinct good or service? performance obligations that are satisfied at different points in timo. amount equal to the fair value of each of the separate performance obligations distinct and that are separately identifiable. A) It can be used on its own or in combination with other goods or services the seller could obtain elsewhere B) It is not highly dependent on other goods or services in the contract C) It has a stand-alone selling price D) It is not interrelated with other goods or services in the contractExplanation / Answer
1.False
2.false
3.True
4.B: Explanation :Highly interdependent or interrelated. This factor considers whether goods or services significantly affect each other in such a way that the entity could not transfer these goods or services independently
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.