Question: Question 3 ( 2 0 % ) : IT Support Co . offers online technology support for consumers remotely via the internet. For a fixed

Question 3(20%): IT Support Co. offers online technology support for consumers remotely via the internet. For a fixed fee, the company provides a bundle of services, including virus scans, performance optimization, and troubleshooting connectivity issues. Upon calling to inquire, customers receive a description of the services and a quoted price. Once a customer agrees to the terms, they pay over the phone and receive access information (e.g., an access code) to connect to the services at their convenience.
* Based on this information, does IT Support Co. have a contract with the customer under ASC 606 when a customer agrees to the terms over the phone?

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