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wlad13 [49]
3 years ago
9

A performance obligation​ is: A. An enforceable promise in a contract with a customer to transfer a good or service to the custo

mer. B. An offer to transfer a good or service to the customer. C. An expectation of a customer for the receipt of a good or service by a vendor. D. A promise in a contract with a customer to transfer a good or service to the customer.
Business
2 answers:
vfiekz [6]3 years ago
8 0

Answer: D. A promise in a contract with a customer to transfer a good or service to the customer.

Explanation: A performance obligation is defined as an enforceable promise in a contract with a customer to transfer a good or service to the customer.

The good or service provided is distinct, in the sense that it is separable or separately identifiable, are substantially the same and have the same pattern of transfer. This is important because in order to identify performance obligations in a contract, firms needs to determine whether or not the goods or services are distinct.

Some examples of goods or services promised in a performance obligation includes sale of goods, resale of goods purchased, grants, constructing, manufacturing, or developing an asset on behalf of a customer etc.

Bumek [7]3 years ago
4 0

Answer:

The correct answer is D. A promise in a contract with a customer to transfer a good or service to the customer.

Explanation:

Performance obligations are those that the entity undertakes to carry out in the contract established with a client, performance obligations are related to the deliverables established or agreed upon in a contractual manner.

At the start of the contract, the entity must evaluate the goods or services promised in a contract with a customer and must consider as a performance obligation each commitment to transfer to the customer a good or service (or a group of different goods and services) or a series of different goods or services that are substantially the same and that have the same pattern of transfer to the client.

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Why South Africa as a country has a shortage skilled workers​
kirza4 [7]

Answer:

The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.

3 0
2 years ago
A company has a process that results in 1,300 pounds of Product A that can be sold for $13.00 per pound. An alternative would be
n200080 [17]

Answer:

If the company process further the units, income will decrease by $600.

Explanation:

Giving the following information:

A company has a process that results in 1,300 pounds of Product A that can be sold for $13.00 per pound.

An alternative would be to process Product A further for $13,600 and then sell it for $23.00 per pound.

We need to determine the result of further processing the product.

Sell as-is:

Effect on income= 1,300*13= $16,900 increase

Continue processing:

Effect on income= 1,300*23 - 13,600= $16,300

It is more profitable to sell the units before further processing.

8 0
3 years ago
Company X currently has a capital structure that consists of 40% equity, 20% preferred equity, and 40% of debt. The risk-free ra
Sindrei [870]

Answer:

14.58%

Explanation:

WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate) + weight of preferred equity x dividend yield

According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)

r= 3% + 1.1 x 8 = 11.8

equity = 0.4 x 11.8% = 4.72

d = 0.4 x 5 x (1 -0.21) = 1.58

p = 0.2 x 6 =  1.2

11.8 + 1.58 + 1.2 =

8 0
3 years ago
Suppose you own a restaurant were does the revenue come from
son4ous [18]
Revenue per hour of labor
8 0
3 years ago
In 2005, BridgePort Brewing Company expanded sales of its BridgePort India Pale Ale, and BridgePort Black Strap Stout into Alaba
Rina8888 [55]

Answer: organizing

Explanation:

When the brewery allocated resources to increase its production and distribution, the management function that it'll have relied on is organizing.

First and foremost, we should note that the management functions usually include:

• planning,

• organizing,

• leading, and

• controlling.

The organizational skills is vital in order for the company to runs smoothly. Organizing has to do with the establishment of internal processes in order to know the workers that fits a particular position.

Also, the management makes sure that everyone are organized and that workers are working hard towards the accomplishment of company's goals.

7 0
2 years ago
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