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    Intermediate Accounting Study Set 1
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    Exam 6: Revenue Recognition
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    To Determine If a Performance Obligation Exists
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To Determine If a Performance Obligation Exists

Question 105

Question 105

Multiple Choice

To determine if a performance obligation exists,


A) the company must provide a distinct product or service.
B) a customer must be able to benefit from the product or service.
C) Both A and B are correct.
D) none of the above

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