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Determine the performance obligation ( s ) under the contract. Spartan has to identify whether a transaction is comprised of a single performance obligation or
Determine the performance obligations under the contract. Spartan has to identify whether a transaction is comprised of a single performance obligation or constitutes a bundle of multiple performance obligations. A performance obligation is a promise provided by a company to its customers to deliver a product or service. If Spartan's customers can benefit from an individual product or service on its own or with readily available resources, the item is considered a performance obligation
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