Whether a contract modification is treated as a separate performance obligation or prospectively, the same amount of revenue is recognized before and after the modification.

Name: Whether a contract modification is treated as a separate performance obligation or prospectively, the same amount of revenue is recognized before and after the modification.
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Quizplus · Accepted Answer

A contract modification is treated prospectively, meaning that the same amount of revenue is recognized before and after the modification.

Whether a Contract Modification Is Treated as a Separate Performance