Question
TechServe sells a perpetual software license bundled with significant customization and 2 years of PCS (post-contract support). Customization is complex and significantly modifies the base software to integrate with the customer’s ERP. The license key is delivered at contract inception; customization spans 5 months; PCS covers updates and hotline. How many performance obligations (POs) most likely exist?
More Accounts Questions
- Which cost concept includes both variable and fixed manufacturing costs?
- A general insurer bundles motor policies with a roadside assistance service delivered by a third party. Premium is collected upfront for 12 months; assista...
- An interface that allows user to store data in a two-tier architecture is known as _______.
- A software company enters into a ₹10 lakh contract including installation and training. Installation is ₹8 lakh and training ₹2 lakh. Installation complete...
- The standard cost of labour for 1 unit is 2 hours at ₹50 per hour. Actual production is 100 units and actual labour cost is ₹11,000 for 200 hours. What is ...
- Which of the followings is a valuation principal?
- What is the minimum number of directors which a One Person Company can have?
- According to Section 44 of the Indian Partnership Act, 1932, the court, at the suit of a partner, may dissolve a firm on which of the following grounds? (...
- AS-10 pertains to:
- With amortized loans, such as a mortgage, which of the following statements is correct?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)