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When a contract includes multiple performance obligations, how should a company allocate the contract's transaction price across the obligations? Proportional to each performance obligation's cost
When a contract includes multiple performance obligations, how should a company allocate the contract's transaction price across the obligations? Proportional to each performance obligation's cost Proportional to each performance obligation's stand-alone selling price O Evenly such that all performance obligation are allocated the same amount Allocate all of the transaction price to the performance obligation with the highest stand-alone selling price
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