In Which of the Following Is the Option Described Not

question 281

Multiple Choice

In which of the following is the option described not a performance obligation?

• A)Customers accumulate points for every dollar spent at Madeline's Book Store.The points can be redeemed for books once certain levels are met.
• B)Customers can get 5% cash back for every $100 spent on eco-friendly products.
• C)Customers can "buy two,get one free" at a menswear store.
• D)Upon purchase of any name-brand TV,customers can purchase a 5-year extended warranty at a 25% discount.

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Definitions:

Total Carrying Costs

The sum of all expenses associated with holding a particular investment or inventory, including storage, interest, depreciation, and insurance.

Discounted Price

A reduced price below the original mark-up, often to encourage purchase or clear inventory.

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including repayment terms and interest rates.

Average Inventory

The mean value of inventory held by a company over a specific period of time, calculated to assess inventory levels and management efficacy.