Question: How many performance obligations are included in the contract between Custom Tech and the Bank? You should discuss at least two possibilities you considered regarding
How many performance obligations are included in the contract between
Custom Tech and the Bank? You should discuss at least two possibilities
you considered regarding the number of performance obligations included in
the contract. Be sure to support your reasoning using guidance from FASB
ASC
When should Custom Tech recognize the $ million transaction price as
revenue ie at what point in time andor over what period You should
discuss at least two possibilities regarding when the $ million transaction
price should be recognized as revenue. Be sure to explain your answer using
guidance from FASB ASC
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