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(solution) 1. What characteristics make a good or service a performance obligation? 2. How does a seller...


1. What characteristics make a good or service a performance obligation? 2. How does a seller allocate a transaction price to a contract’s performance obligations? 3. What must a contract include for the contract to exist for purposes of revenue recognition? 4. When a contract includes an option to buy additional goods or services, when does that option give rise to a performance obligation?  

 


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Sep 13, 2020

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