CERTYNEX IFRS ACADEMY

Which of the following conditions must be met for promised goods or services to be treated as a series that is a single performance obligation?

The goods or services are distinct and substantially the same.

The goods or services are covered by a single invoice.

Each item would meet the criteria for an obligation satisfied over time.

The same method of measuring progress would apply to each item.

All the goods or services are transferred to the customer on the same day.