Which of the Following Statements Relating to the Identification of the Performance

question 5

Multiple Choice

Which of the following statements relating to the identification of the performance obligation is incorrect?

• A) The good or service to be transferred to the customer is non-distinct.
• B) The entity promises to transfer a distinct, or a series of distinct, goods or services to the customer.
• C) The customer can benefit from the good or service on its own or in conjunction with other readily available resources.
• D) The entity's promise to transfer the good or service to the customer is separately identifiable in the contract.