Which of the Following Is Not a Performance Obligation

question 129

Multiple Choice

Which of the following is not a performance obligation?

• A)A good that the seller could sell separately and that is separately identifiable from other goods and services in the contract.
• B)A right of return.
• C)An option for a customer to purchase goods under terms that are more advantageous than those enjoyed by other customers.
• D)An extended warranty.

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Definitions:

ADH

Antidiuretic hormone, also known as vasopressin, a hormone produced by the hypothalamus and released by the posterior pituitary gland, which helps control the balance of water in the body.

Collecting Duct

Part of the renal tubule system in the kidney that is responsible for the concentration and transport of urine.

Filtrate

The fluid that has passed through a filter, removing certain particles and solutes, commonly used in the context of biological processes like kidney filtration.

Reabsorption

The process by which substances are taken back into the bloodstream from the filtrate produced by the kidneys or other filtering mechanisms.