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According to PFRS 15, each promise to deliver a distinct good or service in a contract is treated as a separate performance obligation. A promised

According to PFRS 15, each promise to deliver a distinct good or service in a contract is treated as a separate performance obligation. A promised good or service is distinct if: (a) The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (b) The promise to transfer the good or service is separately identifiable from other promises in the contract.

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