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Business, 07.08.2019 03:10 pheonixhowls

Which of the following is not true about accounting for revenue from franchise arrangements? a. franchise arrangements often include a performance obligation for a license as well as for delivery of goods and services. b. franchise arrangements typically include one or more performance obligations for which revenue is recognized at a point in time. c. franchise arrangements typically include one or more performance obligations for which revenue is recognized over a period of timed. franchise arrangements typically include one performance obligation because the goods and services included in the arrangement are not separately identifiable.

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