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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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True or false: All final purchases of plant, machinery, and equipment in a given time period are included as gross investment.
sleet_krkn [62]

Answer:

mira eso es muy fácil yo me lo sé pero no es de consultar en el internet as lo con tu mente que facil

4 0
2 years ago
Using the financial statements for HH Company below: Sales 1,607,500 Cost of goods sold 1,392,500 Selling, general and administr
LiRa [457]

Answer:

D

Explanation:

ys Inventory turnover 6.7 Fixed asset turnover 12.1 Total assets turnover 3.00 Return on sales 1.20% Return on assets 3.60% Return on equity 9.00% Debt ratio 55% 2. Discuss HH's strengths and weaknesses as revealed by your analysis. 3. Suppose HH doubles its sales as well as its inventories, accounts receivable, and common equity during the year. How would that information affect the validity of your ratio analysis

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3 years ago
A one-year call option contract on Cheesy Poofs Co. stock sells for $1,250. In one year, the stock will be worth $57 or $78 per
ale4655 [162]

Answer:

Value of call option = 3.92

Explanation:

Stock price - Exercise price, 0

When share price is $57,

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When share price is $78

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Considering probability as 50% for each stock

Value of call option = (0 * 0.5 + 8 * 0.5) / (1 + 0.02)

Value of call option = 3.92

5 0
3 years ago
The amount of money that you are able to charge to a credit card. If you exceed this limit, your purchase may not go through and
Katarina [22]

Answer:

isnt that called your credit limit?

Explanation:

7 0
3 years ago
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ale4655 [162]
Hey there!

Your answer is:

D, none of these.

Hope this helps!
Have a great day! (:
6 0
3 years ago
Read 2 more answers
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