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- IFRS 15 – Revenue from Contracts with Customers 0%
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Question 1 of 10
1. Question
According to IFRS15, what are the ways to account for a contract modification?
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Question 2 of 10
2. Question
Performance obligations __________ activities that an entity must undertake to fulfil a contract __________ those activities __________ a good or service to a customer.
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Question 3 of 10
3. Question
A good or service that is promised to a customer is distinct if …
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Question 4 of 10
4. Question
What factors indicate that an entity’s promise to transfer a good or service to a customer is separately identifiable?
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Question 5 of 10
5. Question
According to IFRS 15, the asset is transferred to a customer …
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Question 6 of 10
6. Question
Control of an asset refers to the ability to …
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Question 7 of 10
7. Question
What should be considered in determination of the transaction price?
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Question 8 of 10
8. Question
An entity shall recognise a __________ if the entity receives consideration from a customer and expects to refund some or all of that consideration to the customer.
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Question 9 of 10
9. Question
Which of the following factors cannot increase the likelihood of revenue reversal?
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Question 10 of 10
10. Question
According to IFRS 15, what of the following is not a suitable method for establishing the stand-alone selling-price for a good or service?
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