Which is an allowed method to measure progress towards complete satisfaction of a performance obligation that is satisfied over time? Group of answer choices Cost-to-cost method Based on machine hours used Survey of performance completed to date All of these are allowed

Which is an allowed method to measure progress towards complete satisfaction of a performance obligation that is satisfied over time? Group of answer choices Cost-to-cost method Based on machine hours used Survey of performance completed to date All of these are allowed

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter17: Advanced Issues In Revenue Recognition

Section: Chapter Questions

Problem 21GI: Describe input and output methods used to measure progress over time for performance obligations...

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Question

Which is an allowed method to measure progress towards complete satisfaction of a performance obligation that is satisfied over time?

Group of answer choices

Cost-to-cost method

Based on machine hours used

Survey of performance completed to date

All of these are allowed

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