Answered: The following item indicates that the…

Business

Accounting

The following item indicates that the promise good and service are not distinct, except

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The following item indicates that the promise good and service are not distinct, except

Group of answer choices

The good or service is highly interrelated with other goods or services promised in the contract.

A license that the customer can benefit from only in conjunction with related service.

The good or service significantly modifies another good or service promised in the contract.

A license that forms a component of a tangible good and that is integral to the functional of the good

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