Sullivan Software Sells Packages of a Software Program and One

question 179

Multiple Choice

Sullivan Software sells packages of a software program and one year's worth of technical support for $500. Its packaging lists the $500 sales price as comprised of a software program at a price of $450 and technical support with a price of $100, with a $50 discount for the package deal. All of Sullivan's sales are for cash, and there are no returns. Sullivan sells the software program separately for $475 and offers a year of technical support separately for $75.
-The amount of revenue that GAAP, regarding software revenue recognition, would require Sullivan to attribute to the software program (as opposed to the technical support) is (rounded) :

• A) $450.
• B) $475.
• C) $432.
• D) $400.

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Definitions:

Brain Anatomy Differences

Variations in the structure of the brain that can influence behavior, cognition, and neurological health between individuals.

Sexual Orientation

An enduring pattern of romantic or sexual attraction to persons of the opposite sex or gender, the same sex or gender, or both sexes or more than one gender.

Hypothalamus

A region of the brain that controls bodily functions such as hunger, thirst, sleep, and the release of hormones from the pituitary gland.

Sexual Arousal

The physiological and emotional response of the human body to sexual stimuli, which includes physical and psychological changes.