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For the Performance obligations satisfied over time, an entity has to meet one of the following criteria in order to recognise revenue over time: Select
For the Performance obligations satisfied over time, an entity has to meet one of the following criteria in order to recognise revenue over time: Select one: a. The benefits provided by the entity's performance are simultaneously received and consumed by the customer. b. The customer controls an asset that is being created or enhanced by the entity's performance. c. The asset created has no alternative use to the entity and there is an enforceable right to payment for the work performed to date. d. All of the given choices are correct.
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