Which of the following is not an indicator that revenue for a service can be recognized continuously?
A) The seller is enhancing an asset that the buyer controls as the service is performed.
B) The seller is not enhancing an asset that the buyer controls or that has an alternative use to the seller, and the customer receives a benefit as the seller performs the service.
C) The seller is not enhancing an asset that the buyer controls or that has an alternative use to the seller, and another seller would need to re-perform the tasks performed to date if that other seller were to fulfill the remaining obligation.
D) None of the other answers is correct.
Correct Answer:
Verified
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