A performance obligation is a promise to transfer a good or service that is ________.
A) indistinguishable
B) distinct
C) available
D) nondescript

Name: A performance obligation is a promise to transfer a good or service that is ________. A) indistinguishable B) distinct C) available D) nondescript
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Question

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A performance obligation is a promise to transfer a good or service that is distinct. This means that the good or service is identifiable and can be separated from other goods or services.

A Performance Obligation Is a Promise to Transfer a Good