Which of the following statements is not true regarding the treatment of warranties under the new revenue recognition guidance in ASC Topic $606?$

Multiple Choice

The length of the warranty period should be considered.

A warranty that covers services that are normally considered routine maintenance is an assurance warranty.

Warranties that provide services beyond assuring the product is defect$-$free at the time of sale are separate performance obligations.

A warranty that assures the product is free of defects is not a distinct performance obligation.