{"id":1218,"date":"2023-02-14T03:16:15","date_gmt":"2023-02-14T03:16:15","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/satisfaction-of-performance-obligations\/"},"modified":"2023-02-14T03:16:15","modified_gmt":"2023-02-14T03:16:15","slug":"satisfaction-of-performance-obligations","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/satisfaction-of-performance-obligations\/","title":{"rendered":"SATISFACTION OF PERFORMANCE OBLIGATIONS"},"content":{"rendered":"<p>&nbsp;Assume McDonald\u2019s enters into a contract to sell Billy Bear dolls for Toys4U Stores.&nbsp; Based on the contract, McDonald\u2019s displays the dolls in selected stores.&nbsp; Toys4U is not paid until the dolls have been sold by McDonald\u2019s, and unsold dolls are returned to Toys4U.&nbsp;<\/p>\n<p><strong>Required:<\/strong><\/p>\n<ul>\n<li>Has Toy4U satisfied its performance obligation when it delivers the dolls to McDonald\u2019s?&nbsp; Explain your answer.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;Assume McDonald\u2019s enters into a contract to sell Billy Bear dolls for Toys4U Stores.&nbsp; Based on the contract, McDonald\u2019s displays the dolls in selected stores.&nbsp; Toys4U is not paid until the dolls have been sold by McDonald\u2019s, and unsold dolls are returned to Toys4U.&nbsp; Required: Has Toy4U satisfied its performance obligation when it delivers the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[316],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/1218"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=1218"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/1218\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=1218"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=1218"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=1218"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=1218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}