There are two types of license: those that are distinct and those that are satisfied over a period of time.

Name: There are two types of license: those that are distinct and those that are satisfied over a period of time.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement seems to confuse types of licenses with revenue recognition methods. Licenses can be distinct or part of a bundle, and revenue can be recognized at a point in time or over time, depending on the nature of the performance obligation.

There Are Two Types of License: Those That Are Distinct