f1 m3 Flashcards
1
Q
ISTAR
A
Identify contract , Separate performence obligation, Transaction price, Allocate, and Recognition
2
Q
CAR Petrol Pump
A
Commercial substance, Approval, Rights , Payment and Probable
3
Q
Identify contract
A
CAR Petrol Pump
4
Q
IBOG, imagine some african tribe
A
Interrelated Bundle of Good
5
Q
WAMLA, some singer
A
Weighted Amount Most Likely Amount
6
Q
Variable consideration
A
WAMLA
7
Q
SaVaNa Cash, some woman name
A
Significant financing
Variable consideration
Noncash consideration
Cash consideration
8
Q
Separate performence obligation
A
IBOG
9
Q
Transaction price determine
A
SaVaNa Cash and WAMLA, two women
10
Q
TOP
A
Transfer of control, Overtime , Point in time
11
Q
CARER
A
Create Asset, Recurring , Enforceable right for payment
12
Q
Overtime
A
CAREER
13
Q
PAROL
A
Possession, Acceptance, Risk, Obligation to pay, Legal title
