Question: BA changed how it accounts for BA miles that are earned by members of their Executive Club. How does BA account for that revenue? Is

BA changed how it accounts for BA miles that are earned by members of their “Executive Club.” How does BA account for that revenue? Is this accounting approach consistent with how U.S. GAAP accounts for multiple-deliverable contracts? Explain. Based on your reading of the notes to the accounts, how important do you think this revenue is for BA?

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