The following information relates to questions 16 and 17
TelCo provides a bundled service offering to a customer for $3000 upfront. The services provided are as follows:
Upfront advice
'on-call' advice
Database access for a 2-year period
If TelCo were to charge a separate fee for each service if sold separately the fee would be:
Up-front advice $200
On-call advice $2600
Database access $800
-The revenue that would be recorded by TelCo at the inception of the agreement is:
A) $166
B) $833
C) $1500
D) $3000
Correct Answer:
Verified
Q2: When consideration is deferred and there is
Q3: Which of the following is NOT excluded
Q4: Which of the following are excluded from
Q5: ACC, a professional body charges an annual
Q6: The two elements of performance referred to
Q7: Which of the following is NOT a
Q8: The following information relates to SellIT:
5000
Q9: Orange Pty Ltd develops and sells off-the-shelf
Q10: The following information relates to questions 16
Q11: Which of the following disclosures are required
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