Question: Ca technologies is a software compay that designs, develops. installs, and services business software for manufacturing companies. Typically CA technologies provides its services over a

Ca technologies is a software compay that designs, develops. installs, and services business software for manufacturing companies. Typically CA technologies provides its services over a multi

-

year period. should the revenue froom selling, installing, and supporting the software be recognized all together or separately? Also should the revenues be recognized all at once or over time?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

CA Technologies is a software company that designs, develops, installs, and services business software for manufacturing companies. Typically, CA Technologies provides its services over a multiyear...

( 2 ) Cambridge Business Publishers Chapter 5 I Operating Cycle, Revenue Recognition, and Receivable Valuation 2 1 1 E 5 . 2 0 Revenue Recognition: Software Service Contracts. CA Technologies is a...

E 5 . 2 0 Revenue Recognition: Software Service Contracts. CA Technologies is a software company that designs, develops, installs, and services business software for manufacturing companies....

Ca technologies is a software compay that designs, develops. installs, and services business software for manufacturing companies. Typically CA technologies provides its services over a multi - year...

Help on Financial Statement analysis homework, need a perfect solution to improve grade UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10- K (Mark One) 3 ANNUAL REPORT...

Financial Statement Analysis Obtain a copy of the 2009 annual report for a publicly held firm. Try to obtain an annual report for a retail or manufacturing firm. Be sure that the financial statement...

Case 2-50 Deciphering Financial Statements (Lockheed Martin Corporation) Locate the 2011 financial statements for Lockheed Martin Corporation on the Internet. Reconstruct the company?s adjusted trial...

Write a 1 page summary of Otis's business, using the Business description section of the 10-K. It should summarize the key points but also be a concise description. In addition, use the Press...

MNGT 4781: Strategic Management Form 10-K: Annual Report Pursuant to Section 13 or 15d of The Securities Exchange Act of 1934: QUALCOMM Incorporated Assignment 2 By U.S. Securities and Exchange...

Patagonia is a manufacturer and retailer of outdoor clothing, technical apparel and gear that is noted internationally for its commitment to product quality and environmental activism, including...

That enterprising young chap Paul Barry has written an excellent guide to how anyone can make $6.9 million. The guide is called Rich Kids and is Paul's story of the One.Tel disaster. But it also...

Petry Corp. is a growing company with sales of $ 1 . 3 million this year. The firm expects to grow at an annual rate of 2 0 percent for the next three years, followed by a growth of 2 5 percent per...

Use the following variable definition for the remaining questions in this section: .data MyByte SBYTE-A, -B, C, E MyWord WORD 7900h, 45000h, 66000h, 10000h b) What will be the value of the...