When a Contract Modification Does Not Result in a Separate

question 34

Multiple Choice

When a contract modification does not result in a separate performance obligation, the additional products are priced at the

• A)standalone price of the product.
• B)blended price of original contract and contract modification.
• C)average selling price of original selling price and standalone price.
• D)selling price specified in contract modification

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Definitions:

Fake Cigarettes

Products designed to mimic the appearance and sometimes the sensation of smoking, often used as aids in quitting smoking.

Cause-Effect Relationships

The principle that one event (the cause) directly leads to another event (the effect).

Independent Variable

The variable in an experiment that is manipulated to observe its effect on the dependent variable.

Manipulate

To control or influence something or someone skillfully, often in an unfair manner.