For each performance obligation satisfied over time, an entity must recognize revenue over time. For this purpose, the entity measures the progress toward complete satisfaction. To determine the appropriate measurement method, an entity must consider the nature of the good or service promised to the customer. For each definition, select the appropriate response related to recognition of revenue over time.

For each definition, select the appropriate term from the option list provided. Each answer choice may be used once, more than once, or not at all.