Question: For contracts that include more than one separate performance obligation: For contracts that include more than one separate performance obligation: Multiple Choice The contract price
For contracts that include more than one separate performance obligation:
For contracts that include more than one separate performance obligation:
Multiple Choice
The contract price is allocated to each performance obligation in proportion to the obligations' standal
selling prices.
Revenue is recognized in the amount of the contract price on the date the contract is signed.
Revenue is recorded over time at the fair value of each performance obligation.
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