Performance obligations
Trikonasana Inc. enters into a contract to design and build a bridge connecting a busy downtown core to a shoreline across the way that is home to many commuters. Trikonasana is responsible for overall management of the project and identifies various goods and services to be provided, including engineering, site clearance, foundation, procurement, construction of the structure, and so on.
Instructions
Under IFRS, does Trikonasana have a single performance obligation to the city in this revenue arrangement?

Question

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The Answer of Performance obligations
Trikonasana Inc. enters into a contract to design and build a bridge connecting a busy downtown core to a shoreline across the way that is home to many commuters. Trikonasana is responsible for overall management of the project and identifies various goods and services to be provided, including engineering, site clearance, foundation, procurement, construction of the structure, and so on.
Instructions
Under IFRS, does Trikonasana have a single performance obligation to the city in this revenue arrangement?

Performance Obligations Trikonasana Inc. Enters into a Contract to Design and Build