Under ASC Topic 606 for revenue recognition, which of the following statements is not accurate...
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Accounting
Under ASC Topic 606 for revenue recognition, which of the following statements is not accurate regarding performance obligations?
Multiple Choice
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Firms must disclose qualitative information about their performance obligations.
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Firms must disclose the aggregate amount of the transaction price allocated to unsatisfied performance obligations.
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Firms must disclose warranties provided.
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Firms are not required to disclose any judgments used to apply the standard.
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