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When the performance obligation is satisfied. Under IND AS 115, revenue should be recognized when the performance obligation is satisfied. A performance obligation is defined as a promise to transfer a good or service to a customer. The satisfaction of a performance obligation occurs when control of the promised good or service is transferred to the customer. This means that the customer has the ability to use and benefit from the good or service and also bears the risks and rewards associated with ownership of the good or service.
Which of the following phenomena establishes the transverse nature of light waves?
The functioning of a quartz crystal in a watch is based on which principle?
________ are the elements of group 18.
In an atom, which particles are responsible for chemical bonding?
Which of the following is the ultimate source of energy?
A pond of water appears less deep due to –
Which of the following correctly describes the nature of electric field lines?
The Pointing vector of electromagnetic waves has the same dimensions as that of:
A sphere of radius 1m encloses a charge of 10μC. Another charge of −5μC is placed inside the sphere. The net electric flux would be :
The pitch of a sound is primarily determined by which of the following?