A product and service are bundled together and sold to customers for $450. The fair...
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Accounting
A product and service are bundled together and sold to customers for $ The fair values of the product and service are $ and $ respectively.The IRS standard, IFRS Revenue from Contracts with Customers adopts a nO earnings approach to revenue recognition. assetliability approach to revenue recognition.O cashbased approach to revenue recognition. earned and realized approach to revenue recognition.
A product and service are bundled together and sold to customers for $ The fair values of the product and service are $ and $ respectively.The IRS standard, IFRS Revenue from Contracts with Customers adopts a nO earnings approach to revenue recognition. assetliability approach to revenue recognition.O cashbased approach to revenue recognition. earned and realized approach to revenue recognition.
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