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Brief Exercise 6-7 (Static) Performance obligations; prepayments [LO6-5] elean is an online fitness community, offering access to workout routines, nutrition advice, and eLean coaches Customers
Brief Exercise 6-7 (Static) Performance obligations; prepayments [LO6-5] elean is an online fitness community, offering access to workout routines, nutrition advice, and eLean coaches Customers pay a $50 fee to become registered on the website, and then pay $5 per month for access to all eLean services. How many performance obligations exist in the implied contract when a customer registers for the services? Number of performance obligations in the contract Identify the best description of each performance obligation from the following list. (You may select more than one answer. Single click the box with the question mark to pro a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers. Any boxes left with a question mark will be automatically graded as incorrect.) ? Access to eLean services 2 Registration on website ? Upfront payment 2 Monthly payment
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