CERTYNEX IFRS ACADEMY

Nettalis cleans a customer's offices every evening for one year. How should its performance obligation be characterised?

Satisfied over time: the customer receives and consumes the benefit of the cleaning as it is performed.

Satisfied at a point in time, at the end of the year of service.

Satisfied over time only if the contract provides a right to payment on termination.

Satisfied at a point in time, at each monthly invoice.