When multiple performance obligations exists in a contract, they should be accounted for as a single performance

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When multiple performance obligations exists in a contract, they should be accounted for as a single performance obligation when
The product is distinct within the contract.
Determination cannot be made.
Each service is interdependent and interrelated.
Both performance obligations are distinct but interdependent.
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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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