Skip to main content
IFRS Academy

CERTYNEX IFRS ACADEMY

Search the Academy

Home
My learning path
Exercises & quizzes
Cases
Workpapers
Exams
My progress

True / falseIntermediatePublished

Question · Performance obligations satisfied at a point in time

Brasserie des Combes delivers kegs to a bar under a consignment arrangement: the brewery keeps the kegs until they are sold on to consumers and can require their return. The brewery must recognise revenue as soon as the kegs are delivered to the bar, since the bar has physical possession of them.

Your answer

← Back to the concept