The Key Issue with Connection Fees Received for Connecting a Customer

question 8

Multiple Choice

The key issue with connection fees received for connecting a customer to a telecommunications network is:

• A) whether they were provided by the principal or an agent.
• B) whether the provision of the handset is a separate transaction.
• C) whether the distribution channels used by the telecommunications companies are acting as agents or acting in their own rights as principals.
• D) whether the revenue is recognised in full upfront or over an actual or implied service period.

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Definitions:

Australopiths

Refers to a group of extinct hominins closely related to humans, known for their bipedal locomotion and significant role in human evolution.

Hominins

Members of the human lineage after the split from our common ancestor with chimpanzees, including all modern and extinct human species.

Upright Walking

The ability to walk on two legs with the body held vertically or nearly vertically, a characteristic primarily associated with humans.

Spider Monkey

A type of New World monkey known for its long limbs and tail, primarily living in the canopies of tropical forests.