Assume That the Scales,software and Calibration Service Are Viewed as One

question 144

Multiple Choice

Assume that the scales,software and calibration service are viewed as one performance obligation.How much revenue will Ortiz recognize in 2016 for this contract?

• A)$0
• B)$37,500
• C)$63,000
• D)$90,000

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Definitions:

Face-To-Face Conversation

Direct communication between two or more individuals in the same physical space, allowing for verbal and non-verbal cues.

Misunderstanding

A failure to understand correctly; an incorrect interpretation or perception of a statement, situation, or intention.

Vagueness

The lack of specificity or clarity in language that can lead to ambiguity or misinterpretation.

Ambiguity

The quality of being open to more than one interpretation, explanation, or meaning, often leading to uncertainty or confusion.