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3 Cards in this Set
- Front
- Back
IAS requires that OCI is classified into two groups as follows: |
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What is a warranty? |
Most of the time, warranty is assurance that a product will function as intednded. |
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Factors that help determine a separate performance obligation: |
1. Significant service of integrating into conbined outpu; 2.significantly modifies or customises; 3. Highly interdependent or highly interrelatied (e.g. Cannot transfereach of the goods or services independently) |