hace est-Laye Alone - Google Chrome mathxl.com/Student/Player Test.aspx?testid=214948202¢erwin-yes 205um 31303 Test: ACG 2021 Test 1 This Question: 2 pts 9 of 32 (18 com In applying the revenue recognition principle, which of the following statements regarding multiple performance obligations is incorrect? O A. The business can recognize revenue when (or as) it satisfies each performance obligation by transferring a good or service to a customer OB. A contract might have multiple performance obligations OC. If the transaction has multiple performance obligations, the transaction price is allocated among the different performance obligations. D. Revenue is recognized after al performance obligations are satisfied