Where There Are Potentially Multiple Performance Obligations Within a Single

question 60

Multiple Choice

Where there are potentially multiple performance obligations within a single contract, if products or services are interdependent and interrelated, they must be

• A) accounted for as multiple performance obligations.
• B) combined and reported as a single performance obligation.
• C) sold separately.
• D) combined under a new contract.

---

Definitions:

Specific Phobia

An intense, irrational fear of or aversion to certain objects, situations, or activities, significantly impacting the individual's normal functioning.

Blood-injection-injury Phobia

An intense fear of seeing blood, receiving injections, or injuries, causing significant anxiety and avoidance behavior.

Situational Phobia

A fear confined to specific situations, such as flying or being in enclosed spaces, that can disrupt daily functioning.

Cleaning Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession, often related to an excessive need for cleanliness and order.