Performance obligations
Island Foods Inc. has a promotional program whereby for every $ 10 spent in store, customers receive stamps which can later be redeemed for knives and cookware.
Instructions
Under IFRS does Island Foods have a single performance obligation to its customers in this revenue arrangement?

Question

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The Answer of Performance obligations
Island Foods Inc. has a promotional program whereby for every $ 10 spent in store, customers receive stamps which can later be redeemed for knives and cookware.
Instructions
Under IFRS does Island Foods have a single performance obligation to its customers in this revenue arrangement?

Performance Obligations Island Foods Inc. Has a Promotional Program Whereby for Every