Answer:
Yes, it is<u> true</u> that If the performance obligation is not highly dependent on, or interrelated with, other promises in the contract, then each performance obligation should be accounted for separately.
Explanation:
A performance obligation exists when an entity provides a distinct product or service.
It is a promise to provide a “distinct” good or service to a customer.
When there are multiple promises in a contract, companies will need to determine whether those goods or services are distinct, and therefore separate performance obligations for to avoid ambiguity.
Performance obligations in each contract can be identified by a company by first considering whether or not the goods or services are distinct.
If distinct, a customer can benefit from the good or service on its own because the good or service is separable from the other goods or services in a contract.
Answer:
The answer is $2,880 or None of the above in the multiple choices
Explanation:
The money/non-monetary method means that monetary items (e.g. cash, accounts payable and receivable, and long-term debt) are translated at the current rate while non-monetary items (e.g. inventory, fixed assets, and long-term investments) are translated at historical rates.
Therefore, the value of inventory in $ is translated at the historical rate as follows:
Inventory's current value x historical rate = €1,800 x $1.60/€1.00 = $2,880
Before the 1930's most government involvement in day-to-day 4 was aimed at the free market system. Hope this helps.
Answer: D. Making it fast and easy to interact with information in your organization.
Explanation: Custom actions are actions that can be performed on records using a specific set of criteria to execute functions. The following applies:
A. Allowing them to create custom records. Incorrect.
Although this is possible with custom actions, it is not the only benefit of using custom actions. That being said, there is a more correct answer in the multiple choice options that are given.
B. Giving them more ways to open, view, edit, and delete custom records. Incorrect.
Once again although viewing and editing records is a benefit of using custom actions, it is still not the main aim of using it. Moreover custom actions doesn't give users more ways to perform these tasks. This answer is similar to the option in A. as editing and deleting will inadvertently create a custom record in the end.
C. Making work feel more like playing a video game. Incorrect.
Custom actions help users customize their files in a convenient manner. This isn't related to video games in any way. So this doesn't apply at all.
D. Making it fast and easy to interact with information in your organization. Correct.
Custom actions has the ability to let it's users perform tasks such as creating, editing and deleting new records, sending emails, logging calls etc. This is done quickly and efficiently. The aim of this is to make users' workflow and navigation run as smoothly and efficiently as possible, which allows these users to quickly gain access to the most important info that that they may need.